TechFlow News: On March 8, according to Cointelegraph, U.S. spot Bitcoin ETFs recorded approximately $568.5 million in net inflows this week, continuing the trend of roughly $787.3 million in net inflows from last week—marking two consecutive weeks of positive inflows, the first such occurrence in nearly five months. Prior to this, spot Bitcoin ETFs had experienced five consecutive weeks of net outflows, totaling approximately $3.8 billion, with the largest single-week outflow occurring during the week ending January 30, amounting to about $1.49 billion.
Spot Ethereum ETFs also posted net inflows for two consecutive weeks: approximately $23.56 million this week and $80.46 million last week—the first time since early October last year that they have achieved two consecutive weeks of positive inflows. Previously, spot Ethereum ETFs had likewise endured five consecutive weeks of net outflows, totaling over $1.38 billion.
In addition, Fernando Nikolić, Head of Markets at Blockstream, noted on X that spot Bitcoin ETFs—having been listed for less than two years—have already matched the cumulative net inflows of gold ETFs over approximately 15 years. This milestone was achieved even as Bitcoin’s price stood 46% below its all-time high.
