Bitcoins The inflows come amid a slight market recovery as BTC rebounds from its monthly low, over growing pro-crypto stance from the Trump administration.<\/h2>\n
Updated Mar 1, 2025, 5:07\u202fp.m. UTC<\/span>Published Mar 1, 2025, 5:02\u202fp.m. UTC<\/span><\/p>\n<\/div>\n Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw $94.3 million of total inflows on the last day of February as crypto’s worst month in three years<\/a> came to an end. <\/p>\n The figure capped an eight-day streak of outflow during which investors pulled over $3.2 billion from these funds as digital asset prices fell. <\/p>\n BlackRock\u2019s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF by assets under management, was one of the outliers that saw $244.6 million in outflows on Friday. Meanwhile, other large ETFs, including Fidelity\u2019s FBTC, brought in $176 million from investors, while the ARK 21Shares Bitcoin ETF saw the largest inflows, bringing in $193.7 million, according to Farside Investors data<\/a>.<\/p>\n The inflows came as the cryptocurrency market started showing signs of recovery<\/a> after the price of bitcoin hit a $78,000 low in the early hours of Feb. 28. Bitcoin is now trading around $84,900 after rising 1.6% in the last 24 hours, while the broader CoinDesk 20 Index rose 0.3% to 2,705.<\/p>\n Over the past week, BTC is still down by roughly 12%, while the broader crypto market, as measured by the CoinDesk 20 Index, fell by 15.8%. Spot bitcoin ETFs had been enduring a significant outflow streak since Feb. 14, a day in which these funds saw $66.2 million inflows.<\/p>\n Spot ether ETFs, on the other hand, have maintained an ongoing outflow streak on the last day of February, with $41.9 million leaving these funds. Since their last day with a positive net flow, $357.5 million exited these funds, according to data from Farside.<\/p>\n The recent market recovery comes as the White House announced that U.S. President Donald Trump will host a crypto summit <\/a>on March 7 and after the world\u2019s largest asset manager, BlackRock, added a 1% to 2% allocation<\/a> of its spot bitcoin ETF to one of its model portfolios.<\/p>\n Read more: BlackRock’s Bitcoin ETF Sees Record Daily Outflow as the Basis Trade Starts to Unwind<\/a><\/em><\/strong><\/p>\n<\/div>\n Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk’s $1,000 disclosure threshold.<\/p>\n<\/div>\n![\"bitcoins](\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F7f778977231a20c9c8674fd92e2631b58d9df72f-1174x1118.png%3Fauto%3Dformat&w=3840&q=75\" "\\"bitcoins\\"")
<\/p>\nFrancisco Rodrigues<\/a><\/h5>\n
![\"bitcoins](\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fe964ef5931a8f1663171e08ecf72604a4b80c2a2-512x512.jpg%3Fw%3D64%26h%3D64%26fit%3Dcrop%26crop%3Dfocalpoint%26auto%3Dformat&w=1080&q=75\" "\\"bitcoins\\"")
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