US spot Bitcoin exchange-traded funds extended their recent inflow streak to a third consecutive session, with this week’s gains nearly offsetting last week’s losses, even as Bitcoin prices remained under pressure and investor sentiment stayed cautious.
According to data from SoSoValue, spot Bitcoin ETFs recorded $166.6 million in net inflows on Tuesday.
This brought total inflows for the week to $311.6 million, nearly matching the $318 million in net outflows recorded last week.
The rebound follows three consecutive weeks of losses, during which Bitcoin ETFs shed more than $3 billion in assets, reflecting sustained institutional caution amid heightened market volatility.
ETF momentum improves despite price weakness
The recent improvement in fund flows has come even as Bitcoin prices have continued to decline.
Data from CoinGecko showed that Bitcoin has fallen about 13% over the past seven days and briefly slipped below $67,000 on Wednesday.
Despite the price weakness, analysts said the pickup in ETF inflows suggests that some investors may be starting to rebuild exposure at lower levels.
Earlier this week, market observers noted signs of a potential shift in sentiment, citing that the pace of selling across crypto exchange-traded products has slowed in recent sessions.
SoSoValue data also showed modest inflows into spot altcoin ETFs. Funds tracking Ether added about $14 million on Tuesday, while XRP and Solana products attracted $3.3 million and $8.4 million, respectively.
Although the inflows remain small compared with earlier peaks, the broad-based nature of the recent buying could indicate tentative stabilisation across digital asset investment products.
Bitcoin struggles to hold key levels
Bitcoin slipped again during Asian trading on Wednesday, falling below $67,000 as investors turned cautious ahead of key US economic data.
The world’s largest cryptocurrency was last trading about 2.6% lower at $67,126.7 by early European hours.
The decline followed a short-lived rebound from last week’s lows near $60,000.
While prices had briefly moved back above $70,000, Bitcoin has struggled to sustain gains, highlighting fragile market sentiment.
Traders said the recent trading range reflects uncertainty over macroeconomic conditions and the durability of demand following weeks of heavy liquidation and institutional outflows.
Focus shifts to jobs and inflation data
Market participants are now focused on a series of US economic releases that could shape expectations for monetary policy and influence risk appetite.
The delayed January employment report, originally scheduled for last week but postponed due to a brief government shutdown, is due later on Wednesday.
Economists are forecasting that nonfarm payrolls rose by about 70,000 in January, with the unemployment rate holding near 4.4%.
Later in the week, investors will turn their attention to the US Consumer Price Index release on Friday, which is expected to provide further insight into inflation trends.
Both reports are seen as critical for assessing the outlook for interest rates set by the Federal Reserve.
According to the CME Group’s FedWatch tool, traders expect the central bank to hold rates steady until at least June, following three consecutive rate cuts in late 2025.
Traditionally, expectations of looser monetary policy and lower interest rates tend to support risk assets, including cryptocurrencies, by reducing the opportunity cost of holding non-yielding investments.
However, this cycle has diverged from historical patterns. Despite recent rate cuts, Bitcoin has remained subdued, suggesting that other forces are offsetting the potential benefits of easier financial conditions.
Market participants have identified reduced global liquidity, weaker institutional participation, and waning speculative interest as key factors affecting digital asset prices.
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