US-listed spot Bitcoin ETFs brought in $1.02 billion of net inflows across three trading sessions from Tuesday through Thursday, reversing a multi-week stretch of withdrawals.
Inflows return after weeks of redemptions
The three-day rebound followed five consecutive weeks of net outflows.
The last two weeks of January alone saw a combined $2.82 billion leave the category.
Wednesday accounted for the largest single-day intake during the streak, with $506.51 million in net inflows.
BlackRock leads the rebound
The bounce was led by BlackRock’s iShares Bitcoin Trust, with IBIT posting $275.82 million of net inflows on Thursday.
Fidelity’s FBTC and Ark 21Shares’ ARKB recorded outflows, but were outweighed by gains in other products.
Nate Geraci said in a Friday post that flows suggest investors are stepping in despite the downturn.
He estimated spot Bitcoin ETFs have seen roughly $6.5 billion in outflows since bitcoin’s record high in early October, compared with about $55 billion in net inflows since January 2024.
Geraci wrote:
“50% drawdowns are walk in the park for long-time BTC investors.”
Flows watched as a sentiment gauge
The reversal arrived as analysts debated whether the latest selling pressure is easing.
CoinEx chief analyst Jeff Ko said improving spot ETF inflows can indicate aggressive selling is fading, though he cautioned a V-shaped recovery is unlikely after a steep drop.
