Spot Bitcoin ETFs saw a strong turnaround in the week ending February 27, pulling in $787.31 million in net inflows after four straight weeks of outflows. The previous week had closed with $315.86 million leaving the funds, so this marks a clear shift in sentiment.
The recovery was mainly driven by a three-day stretch of heavy buying between February 24 and 26. During that period alone, investors poured in a combined $1.02 billion. The biggest day was February 25, which brought in $506.51 million. February 24 added $257.71 million, followed by another $254.46 million on February 26.
Those strong inflows more than offset the redemptions seen at the start and end of the week. On February 23, ETFs recorded $203.82 million in outflows, and February 27 saw another $27.55 million pulled out, snapping the short buying streak.
Despite the rebound, cumulative net inflows since launch edged slightly lower to $54.8 billion. Total net assets across Bitcoin ETFs climbed to $83.40 billion.
Meanwhile, Bitcoin traded around $66,000, posting a 1.7% gain over 24 hours. During that time, price action ranged between $63,176 and $67,039, reflecting renewed momentum following the ETF flow reversal.
Weekly trading volume fell to $15.99 billion for the week ending February 27, down sharply from $22.87 billion recorded in the week ending January 30.
At the same time, total net assets slipped despite the return of inflows. After peaking at $85.31 billion on February 20, assets declined to $83.40 billion by February 27, indicating some cooling off even as demand improved.
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Weekly reversal breaks four-week outflow streak
The $787.31 million brought in this week marks the first stretch of positive flows since late January, breaking a four-week run of steady outflows.
Before this rebound funds saw $315.86 million leave in the week ending February 20, followed by $359.91 million in outflows for the week ending February 13. The week ending February 6 recorded another $318.07 million pulled out, while the largest hit came in the week ending January 30, when $1.49 billion exited.
Altogether the five-week stretch from late January through mid-February resulted in roughly $2.48 billion in net outflows before this latest turnaround.
Over that same period, cumulative total net inflows slipped slightly, easing from $55.01 billion on January 30 to $54.80 billion by February 27.