ARK 21Shares and Fidelity Lead Bitcoin ETF Inflows

The U.S. spot Bitcoin ETFs recorded a $369.7 million net inflow, ending an eight-day outflow streak

The U.S. spot Bitcoin ETF market ended an eight-day outflow streak as ARK 21Shares and Fidelity Bitcoin ETFs reported a $369.7 million net inflow on Feb. 28, offering temporary relief after continuous losses.

The post U.S. Bitcoin ETFs Finally Report Inflows as ARKB and FBTC Cover Some Losses appeared first on Coin Chapter.

The U.S. spot Bitcoin ETFs had a positive reading for the first time since Feb. 14 as they reported a $94.3 million net inflow on Feb. 28, breaking eight straight days of outflows, according to Farside Investors data.

Among the ETFs, ARKB saw the largest gain of $193.7 million, while FBTC had an inflow of $176 million. Together, the two ETFs reported a combined inflow of $369.7 million, which nearly covered the outflows from other ETFs.

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Out of the total seven ETFs that reported outflows, IBIT faced the largest outflows of $244.6 million. Meanwhile, Bitwise Bitcoin ETF (BITB) had an inflow of $4.6 million, and Grayscale Bitcoin Mini Trust ETF (BTC) saw an addition of $5.6 million.

Despite the inflows into ARKB and FBTC, IBIT and Grayscale's Bitcoin Trust ETF (GBTC) continued to report outflows.

Apart from this, VanEck Bitcoin ETF also reported capital losses, whereas Invesco, Franklin, Valkyrie, and WisdomTree Bitcoin ETFs saw no inflows.

The U.S. Bitcoin ETF market has now reported a net outflow of $3.26 billion since Feb. 18. Notably, Feb. 25 saw the worst day of outflows as a record $1.13 billion exited the market.

The Bitcoin ETF outflows come as the cryptocurrency price clocked a 17.6% drop between Feb. 18 and Feb. 28, falling to its lowest level in nearly four months at $78,940 on Feb. 25. However, it has since rebounded and was last seen trading at $86,346, as seen on the TradingView chart on March 2, 2025.

The chart highlights significant volatility throughout February, with Bitcoin initially trading close to the $102,000 mark before encountering multiple sharp declines. The most notable downturn unfolded between Feb. 21 and Feb. 27, aligning with the peak outflows from the U.S. spot Bitcoin ETFs on Feb. 25, reaching a record high of $1.13 billion.

Following the late-February low, Bitcoin has shown signs of recovery, climbing back above the $86,000 level. This price action suggests renewed market interest in the cryptocurrency. However, trading volumes have remained relatively stable, indicating cautious investor sentiment following the recent downturn.

Since Jan. 10, 2025, the spot Bitcoin ETFs have reported a net outflow of $300 million. While the recent inflows on Feb. 28 offer some stability, overall market trends remain mixed.