Spot Bitcoin exchange traded funds snap outflow streak with 562 million inflows
U.S. spot bitcoin exchange-traded funds recorded $561.9 million in net inflows on 2 February 2026, snapping a four-day streak of outflows and marking the strongest single-day intake since mid-January, according to SoSoValue data.
The inflows came amid sharp price swings in Bitcoin. The token fell to about $75,000 earlier on 2 February 2026 before rebounding to roughly $78,500 late in the U.S. session.
Fidelity’s FBTC led the day’s inflows with $153.4 million, followed by BlackRock’s IBIT with $142 million and Bitwise’s BITB with $96.5 million, SoSoValue data showed. Funds from Grayscale, Ark and 21Shares, VanEck, Invesco and WisdomTree also posted net inflows.
Vincent Liu, chief investment officer at Kronos Research, said large allocators were using regulated ETFs to scale exposure, citing portfolio rebalancing and positioning ahead of catalysts. Tim Sun, a senior researcher at HashKey Group, attributed the prior withdrawals to shrinking arbitrage returns as spot ETF and bitcoin futures spreads converged, alongside weaker risk appetite that pushed some investors to de-risk.
Spot Bitcoin ETFs recorded net outflows in each of the prior two weeks, shedding $1.49 billion in the most recent weekly period and $1.33 billion the week before, according to the report. Spot ether exchange-traded funds recorded $2.86 million in net outflows on 2 February 2026, compared with $252.87 million of net outflows on 30 January 2026.
According to an earlier GNcrypto report, CoinShares said crypto investment products recorded $1.7 billion in net weekly outflows for a second straight week, led by $1.2 billion withdrawn from BlackRock iShares products, turning year-to-date flows negative by about $1 billion. CoinShares cited a more hawkish shift in Federal Reserve leadership, ongoing whale selling and heightened geopolitical volatility as drivers of the redemptions.
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