US spot Bitcoin exchange-traded funds have recorded a second consecutive week of net inflows, signaling a renewed wave of investor demand after a prolonged stretch dominated by withdrawals and cautious sentiment. Data compiled by SoSoValue indicates that spot Bitcoin ETFs attracted approximately $568.45 million in fresh capital during the latest week, continuing the recovery that began with $787.31 million in inflows the week before. The back-to-back positive weeks mark the first time the funds have achieved consecutive gains in roughly five months, suggesting investor appetite is returning after a difficult period for digital asset investment vehicles. Prior to the recent turnaround, the funds had endured a five-week streak of consistent redemptions that resulted in cumulative outflows totaling around $3.8 billion across the sector. The heaviest weekly withdrawals occurred during the period ending January 30, when investors collectively removed about $1.49 billion from spot Bitcoin ETFs as market uncertainty intensified. Volatile Daily Flows During The Week Although the weekly totals ultimately showed strong inflows, the daily performance across the week revealed fluctuating investor sentiment and intermittent profit-taking as markets reacted to shifting price dynamics. Monday began with strong demand as the funds collectively attracted $458.19 million in inflows, reflecting renewed institutional interest and optimism surrounding the broader cryptocurrency market outlook. The positive momentum continued into Tuesday, when spot Bitcoin ETFs recorded an additional $225.15 million in inflows as investors maintained confidence following the previous week’s encouraging performance. Midweek trading delivered the largest inflow of the period, with $461.77 million entering the funds on Wednesday as market participants increased exposure to Bitcoin through regulated investment vehicles. However, sentiment shifted toward the end of the week, with Thursday seeing net outflows of $227.83 million before withdrawals accelerated further on Friday with $348.83 million exiting the products. Ether ETFs Also Register Consecutive Weekly Gains Spot Ether exchange-traded funds in the United States mirrored the broader recovery trend, recording their second straight week of net inflows after several weeks of persistent investor withdrawals earlier this year. The funds attracted approximately $23.56 million in new capital during the latest reporting week, following an earlier inflow of about $80.46 million during the preceding week. These gains represent the first instance of consecutive positive weeks for US spot Ether ETFs since early October of last year, highlighting improving sentiment toward Ethereum-related investment products. Before this recovery period began, Ether ETFs had experienced a five-week stretch of withdrawals that collectively removed more than $1.38 billion from the funds. The most severe week during that downturn occurred in late January, when investors withdrew roughly $611 million as cryptocurrency markets faced heightened volatility and declining prices. Bitcoin ETFs Rapidly Closing Gap With Gold Funds The broader trajectory of Bitcoin ETF adoption has also attracted attention among industry observers who are comparing the pace of inflows with those seen historically in traditional commodity investment vehicles. Fernando Nikolić, Blockstream’s director of marketing, highlighted in a post on X that spot Bitcoin ETFs have already matched approximately fifteen years of cumulative inflows recorded by gold ETFs. Remarkably, that milestone has been reached in less than two years despite gold funds having a significant advantage in terms of time and maturity within the exchange-traded fund market. Nikolić also noted that the achievement occurred during a period when Bitcoin experienced a drawdown of roughly forty-six percent and endured several months of negative price performance. “Anyone still arguing about whether bitcoin is ‘digital gold’ is wasting their breath,” he wrote. “Bitcoin isn’t trying to be gold. Bitcoin is making gold look slow,” he added.
