According to SoSoValue data, spot Bitcoin ETFs attracted roughly $568.45 million in net inflows this week. The previous week recorded $787.31 million in net inflows. This indicates renewed investor appetite after several weeks of continuous outflows.

Previously, US spot Bitcoin ETFs experienced a five-week period of cumulative outflows totaling roughly $3.8 billion. The largest weekly outflow during this streak occurred in the week ending January 30, when spot Bitcoin ETFs recorded about $1.49 billion in net withdrawals.

Looking at daily flows during the week, activity was mixed. On Monday, ETFs saw $458.19 million inflows, followed by $225.15 million on Tuesday. Momentum picked up on Wednesday with $461.77 million inflows. However, the trend reversed later in the week, with $227.83 million outflows on Thursday and $348.83 million on Friday.

Ethereum ETFs Also Positive

US spot Ethereum ETFs also recorded two consecutive weeks of net inflows. This week, approximately $23.56 million flowed in, after $80.46 million the previous week. This marks the first two-week back-to-back gain since October.

Before the rebound, spot Ethereum ETFs faced a sustained five-week outflow streak totaling over $1.38 billion. The largest weekly outflow occurred in the week ending January 23, totaling roughly $611 million. Daily flows were mixed: Monday $38.69 million inflow, Tuesday $10.75 million outflow, Wednesday $169.41 million inflow. Momentum faded again toward the weekend.

Bitcoin ETFs Match Gold ETF Inflows

Blockstream Marketing Director Fernando Nikolić noted on X (Twitter) that Bitcoin ETFs have matched roughly 15 years of cumulative inflows seen by gold ETFs in just two years. Despite gold’s long ETF history, Bitcoin ETFs achieving this milestone in a short period demonstrates that institutional demand persists even amid weak price performance.

Nikolić added:

“Anyone still arguing about whether bitcoin is ‘digital gold’ is wasting their breath. Bitcoin is making gold look slow.”

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