What to know:
- U.S. bitcoin ETFs register back to back inflows for the first time in a month, a total of $616 million.
- Despite a 50% price drawdown from the October highs, total BTC held in ETFs has only dipped by 6%.
After almost a month, U.S. bitcoin ETFs have seen money flowing *in* for two days in a row. This ends a period of consistent outflows that began in mid-January.
SoSo value data shows a recent surge in investment, starting Friday with $471.1 million and continuing Monday with another $144.9 million. This increase in capital coincides with Bitcoin’s recovery from a low of $60,000 on Thursday, now trading around $70,000.
Around mid-January, Bitcoin reached almost $98,000 after a quick two-week increase from $87,000. However, the price then dropped to $60,000, causing investors to withdraw millions of dollars from newly launched Bitcoin ETFs.
Investors generally remain optimistic about the future of cryptocurrency, shown by the continued strength in assets held by spot ETFs.
Data from Checkonchain shows that the total value of assets managed by eleven funds has only dropped around 7% since early October, going from 1.37 million Bitcoin to 1.29 million Bitcoin. In comparison, Bitcoin’s price has fallen over 40% since reaching a peak of over $126,000 in October.
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2026-02-10 12:03