Bitcoin ETFs Rebound With $66.19 Million Inflow, Ether ETFs Attract $11.65 Million

Bitcoin and Ether ETFs Kick Off Week With Positive Inflows

After a challenging period of outflows, crypto exchange-traded funds (ETFs) showed signs of recovery with a positive start to the week. Bitcoin ETFs recorded a net inflow of $66.19 million on Monday, February 17, rebounding from the previous week’s significant outflows.

Leading this resurgence, Fidelity’s FBTC attracted $94.04 million, while Blackrock’s IBIT and Bitwise’s BITB added $22.26 million and $7.99 million, respectively. Grayscale’s BTC also saw an inflow of $6.46 million.

However, not all funds experienced gains; Grayscale’s GBTC faced outflows of $46.95 million, Ark and 21Shares’ ARKB saw a $13.19 million exit, and Vaneck’s HODL reported a $4.43 million outflow.

Ether ETFs also experienced positive activity, with a net inflow of $11.65 million. This influx was primarily driven by Fidelity’s FETH, which accounted for the entire amount.

As of Feb. 17, BTC is trading at $95,614, reflecting a slight decrease of 0.006% from the previous close. ETH’s price stands at $2,691.25, down 0.009% intraday. These modest price movements indicate a period of consolidation, even as ETF inflows suggest reviving investor interest.

The positive inflows into both bitcoin and ether ETFs at the start of the week may signal a shift in market sentiment, potentially setting the stage for a more robust market performance in the coming days.

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