- US spot Bitcoin ETFs have recorded US$53 billion in cumulative net inflows, significantly exceeding initial projections despite a US$10 billion drop from the October peak.
- The slower pace of ETF selling amid a 50% price decline suggests that many institutional holders are maintaining long-term exposure rather than exiting the market.
- Market sentiment remains under pressure with Bitcoin trading near US$67,000 as hawkish Federal Reserve minutes and institutional-led adoption continue to shape the financial landscape.
US spot Bitcoin ETFs have pulled in about US$53 billion (AU$81.09 billion) in cumulative net inflows even after months of withdrawals, according to Bloomberg ETF analyst Eric Balchunas.
Balchunas said net inflows peaked around US$63 billion (AU$96.39 billion) in October and have since fallen by roughly US$10 billion (AU$15.30 billion) as redemptions picked up. Even so, he noted the two-year total far exceeds Bloomberg’s early projections of US$5 billion to US$15 billion (AU$7.65 billion to AU$22.95 billion).
Interestingly, the data suggests recent outflows have not reversed the broader demand trend, and with Bitcoin (BTC) down roughly 50% from its highs, the slower pace of ETF selling is being read as a sign that many holders are positioned for longer-term exposure rather than rushing to the exit.
Related: BlackRock Seeds US$100K to Launch Yield-Bearing Staked Ethereum ETF
Bitcoin Steady at $67K
Market sentiment weakened late in the US session after minutes from the Federal Reserve’s January meeting were seen as more hawkish than expected, pushing both US stocks and crypto off earlier gains. Bitcoin was trading around US$67,000 (AU$102,510), near session lows and back toward the bottom of its recent range.
The figures land as institutional channels remain central to crypto’s path into mainstream finance. According to the latest Tapping Into Crypto Podcast, institutional firms are driving crypto adoption by building it into payment and financial systems, rather than relying on everyday users to sign up on their own.
Read more: Stripe-Owned Bridge Wins Conditional OCC Approval to Become National Crypto Bank
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