US spot Bitcoin ETFs post back-to-back weekly inflows first since October

2 min

US spot Bitcoin ETFs have matched 15 years of gold ETF inflows in under two years, per Blockstream’s Fernando Nikolić. He noted it happened during a 46% drawdown. Source: Nikolić on X.

Back-to-back weekly inflows returned.
- About $568 million came in this week
- Roughly $787 million the week before
These are the first consecutive positive weeks since early October. Source: SoSoValue ETF flow tracker.

The prior stretch was heavy outflows.
- ~$3.8 billion left across five straight weeks
- Worst week near Jan 30 saw ~$1.50 billion out
Source: SoSoValue ETF flow tracker.

Daily prints were choppy despite the positive week.
- Mon +$458m
- Tue +$225m
- Wed +$462m
- Thu −$228m
- Fri ~−$350m
Source: SoSoValue ETF flow tracker.

Ether ETFs also posted two straight weeks of inflows.
- ~$23.56 million this week
- Just over $80 million last week
Before that, five weeks of withdrawals drained >$1.38 billion. The week ending Jan 23 alone saw ~$611 million out. Source: ETFdb Ethereum ETFs page.

“Gold had a fifteen-year head start and Bitcoin caught it in twenty months,” Nikolić wrote on Mar 8. Source: Nikolić on X.

Weekly US spot Bitcoin ETF flows chart

Original publication

Authors credited by the source: Christian Encila

Published by Holder based on an external source.