U.S. spot bitcoin ETFs are showing early signs of stabilization, recording their first consecutive inflow days in nearly a month despite bitcoin’s sharp pullback from recent highs.
According to SoSoValue, the turnaround began Friday with $471.1 million in net inflows, followed by an additional $144.9 million on Monday. The back-to-back gains snapped a redemption streak that had been in place since mid-January.
The renewed inflows coincided with bitcoin’s rebound from last week’s drop to around $60,000. After touching that level, the cryptocurrency recovered toward $70,000, helping to steady sentiment after a period of heavy selling.
Bitcoin had previously climbed to roughly $98,000 in mid-January following a two-week advance that began near $87,000. The subsequent correction — which drove prices down to $60,000 — triggered sustained outflows from spot ETFs as investors reduced exposure during the slide.
Even so, total ETF holdings have proven comparatively resilient relative to the magnitude of bitcoin’s price decline.
Data from Checkonchain shows that the combined assets under management across the 11 U.S. spot bitcoin ETFs have fallen by only about 7% since early October, decreasing from 1.37 million BTC to approximately 1.29 million BTC. By contrast, bitcoin has dropped more than 40% from its record high above $126,000 over the same period.
The divergence suggests that while short-term flows remain sensitive to market volatility, a large share of ETF investors continues to hold positions, signaling sustained longer-term confidence in bitcoin despite recent turbulence.
