Odaily Planet Daily reports: This week, U.S. spot Bitcoin ETFs recorded a net inflow of approximately $568.5 million, continuing last week’s net inflow of about $787.3 million, marking the first two consecutive weeks of positive inflows in nearly five months. Previously, spot Bitcoin ETFs had experienced five consecutive weeks of net outflows, totaling approximately $3.8 billion, with the largest single-week outflow occurring the week of January 30, at approximately $1.49 billion.
Ethereum spot ETFs have also recorded two consecutive weeks of net inflows, with this week’s net inflow totaling approximately $23.56 million, compared to $80.46 million last week—the first back-to-back positive inflows since early October last year. Prior to this, Ethereum spot ETFs had experienced five consecutive weeks of net outflows, totaling over $1.38 billion.
Additionally, Blockstream’s Head of Marketing, Fernando Nikolić, noted on X that less than two years after the launch of spot Bitcoin ETFs, their cumulative net inflows have matched the approximately 15 years of cumulative inflows into gold ETFs—this milestone occurring amid a 46% pullback from Bitcoin’s all-time high. (Cointelegraph)