Bitcoin ETFs Stop Bleeding, Post $95 Million Net Inflow To End 8-Day Streak

bitcoinistPublished on 2025-03-02Last updated on 2025-03-03

Abstract

In the past few days, the price of Bitcoin has been under significant bearish pressure, falling by more than 10%...

In the past few days, the price of Bitcoin has been under significant bearish pressure, falling by more than 10% in the past week. The US-based spot Bitcoin ETFs (exchange-traded funds) registered significant withdrawals in the same period, begging the question of whether the funds are responsible for the market downturn.

The spot Bitcoin exchange-traded funds ended the run of significant daily outflows on Friday, February 28, with nearly $100 million added in value to close the week. However, it might be too early to tell whether this latest capital influx to these crypto-based products represents a shift in investor sentiment.

Bitcoin ETFs Lose $3.2 Billion In Eight Days

According to the latest market data, the US-based spot Bitcoin ETFs recorded a total daily net inflow of $94.34 million on Friday. This latest capital inflow put an end to the funds’ eight-day streak of consecutive net outflows.

The ARK 21Shares Bitcoin ETF (with the ticker ARKB) was responsible for a substantial portion of the day’s total inflow, posting  $193.7 million in capital influx. ARKB was followed by Fidelity Wise Bitcoin Fund (FBTC) on Friday, adding more than $176 million to its net assets to close the week.

Bitwise Bitcoin ETF (BITB) and Grayscale Mini Trust (BTC) were the only other exchange-traded funds that saw net inflows ($4.57 and $5.59 million, respectively) on Friday. BlackRock’s IBIT (the largest Bitcoin ETF by net asset) accounted for most of the total withdrawals ($244.5 million), continuing its recent trend of outflows.

Bitcoin ETFs

Source: SoSoValue

The $94.34 million single-day net influx did little to alleviate the US-based Bitcoin ETFs’ weekly performance, which stood at a record negative outflows of over $2.61 billion. Up until the past Friday, the last time the US Bitcoin ETF market saw a daily net positive inflow was on Friday, February 14.

More than $3.265 billion was withdrawn from the spot Bitcoin exchange-traded funds within these eight days. Most notably, the Bitcoin ETFs registered over $1.1 billion in its daily net outflow on Tuesday, February 25 — the first time withdrawals have ever crossed the billion-dollar mark since launch.

Bitcoin Price And The Spot ETFs

There is undeniably a relationship between the performance of the spot Bitcoin ETFs and the BTC price. According to CryptoQuant’s Head of Research Julio Moreno, exchange-traded funds have disappeared as a source of demand growth for Bitcoin so far in 2025 relative to 2024.

The net cumulative inflows into Bitcoin ETFs on day 58 of 2025 stand at 12,100 Bitcoin ($1.7 billion), which pales in comparison to 128,700 Bitcoin ($6.3 billion) in 2024. This trend somewhat explains the Bitcoin price struggles since the start of this year.

As of this writing, BTC is valued at around $85,400, reflecting a 1.5% price increase in the past 24 hours.

Bitcoin ETFs

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image from iStock, chart from TradingView
Opeyemi Sule

Opeyemi Sule

Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency.

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Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. 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