After weeks of slow movement and investors pulling money out, Bitcoin [BTC] ETFs are seeing fresh interest again.
On the 10th of February, spot Bitcoin ETFs received a total of $166.5 million in new investments. This shows that large investors are no longer just waiting on the sidelines but using price dips as buying opportunities.
In this, Ark Invest’s ARKB led the inflows with $68.5 million, followed by Fidelity’s FBTC with $56.9 million. BlackRock’s IBIT also added $26.5 million.
Bitcoin market performance remains concerning
Even though money is flowing back into Bitcoin ETFs, Bitcoin’s price is still moving carefully. At the time of reporting, Bitcoin was trading around $66,820 after falling about 3% in the last 24 hours.
At the same time, the number of Active Addresses had also dropped. This usually means fewer everyday traders are using the network, showing weaker short-term interest and less activity around Bitcoin-related trends like inscriptions.
However, Bitcoin’s market dominance remained strong at about 59%. This suggests that while small traders are stepping back, large institutional investors are becoming more active.
These big players are buying the supply that weaker or nervous investors are selling.
The derivatives market is also going through a major reset. Open Interest, which measures how much money is tied up in futures and options, has fallen sharply from about $90 billion to $45 billion.
This means many risky, high-leverage positions have been closed. While this shows money leaving the market, it is actually healthy because it reduces the chances of sudden crashes and extreme price swings.
Other ETF performance
While Bitcoin usually gets most of the attention, big investors are also showing more interest in other cryptocurrencies.
Ethereum [ETH] ETFs registered $13.8 million in inflows. Solana [SOL] ETFs saw $8.4 million in inflows, and Ripple [XRP] ETFs received $3.26 million, all on 10th February.
Needless to say, Bitcoin’s recent fall from the mid-$80,000 range to the high-$60,000s is more than just a normal dip. It shows that the market is going through a major adjustment.
Large Bitcoin transfers to platforms like Coinbase Prime may seem alarming, but they are often part of normal operations needed for ETFs and big institutions.
In simple terms, the market is becoming calmer and more stable. Short-term noise is fading, and long-term investment is growing.
Final Thoughts
- Big investors are using price dips as opportunities to build long-term positions.
- Growing interest in Solana and XRP ETFs shows institutions are diversifying beyond Bitcoin.