After the numerous $234 million in outflows we’ve seen on Feb. 3, spot Bitcoin ETFs noticed a restoration with $340.7 million in inflows on Feb. 4.
Nonetheless, solely 4 out of the ten spot Bitcoin ETFs recorded inflows, with BlackRock’s IBIT main at $240 million. ARKB noticed the second-highest influx of $56.1 million, whereas BTCW and FBTC noticed $19.5 million and $16.1 million in inflows, respectively.
The remaining ETFs noticed no inflows, displaying that investor sentiment stays cautious. IBIT continues to dominate ETF inflows, whereas GBTC noticed no inflows, reinforcing the development of funds shifting away from Grayscale’s fund.
The optimistic shift in flows got here as Bitcoin rebounded from the $92,000 it posted on Feb. 3. It briefly crossed $100,000 earlier than settling at round $98,000 at press time. The restoration in ETF inflows means that some buyers considered the worth dip as a shopping for alternative, reinforcing Bitcoin’s resilience. Nonetheless, with six ETFs seeing no inflows, the market continues to be digesting macroeconomic dangers, together with political uncertainty after Trump’s tariff threats.
The uneven distribution of investments signifies that institutional confidence hasn’t totally returned. The approaching days will probably be essential in figuring out whether or not that is the beginning of a sustained accumulation part or only a momentary rebound.