BTC Spot ETFs Recovering: 371M$ Net Inflow

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3
(08:32 AM UTC)
3 min read

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US spot Bitcoin (BTC) ETFs showed signs of recovery by attracting $371 million in net inflows on Friday, while taking in another $145 million on Monday when BTC was around $70,000. According to SoSoValue and CoinGecko data, these inflows have not yet offset last week's $318 million outflow and approximately $1.9 billion in redemptions since the beginning of the year, but the slowing of losses may signal a potential trend reversal.

Spot Bitcoin ETF flows since February 2, 2026. Source: SoSoValue

Current Figures in BTC Spot ETF Flows

CoinShares Research Director James Butterfill noted that outflows fell to $187 million despite price pressure, signaling a historical turning point. According to February 9, 2026 data, Bitcoin ETFs saw $144.9 million in net inflows. This carries potential to reverse the weak flows of the last week. The table below summarizes the recent flows:

DateBTC ETF Net Inflow ($M)Note
Friday371Recovery start
Monday145BTC ~70K
February 9144.9SoSoValue

Institutional Investors' BTC Stances

According to Bitwise Chief Investment Officer Matt Hougan, despite institutional inflows, early Bitcoin investors have not exited the market; most are still holding positions while realizing short-term profits. Bernstein analysts described the recent drop as the weakest bear scenario in Bitcoin history. Binance SAFU Fund's purchase of another 4225 BTC ($299.6 million), bringing its total assets to 10455 BTC ($734 million), strengthens institutional accumulation. Click for detailed BTC analysis.

Inflows in ETH and XRP ETFs

On the same day, spot altcoin ETFs saw $57 million in Ether (ETH) inflows and $6.3 million in XRP. Ethereum ETFs also moved in parallel with $57 million net inflows. This is a positive signal for an altcoin rally.

Bitcoin Price, XRP, Shares, Ethereum ETF, Bitcoin ETF
Source: Eric Balchunas

BTC Technical Analysis: Support and RSI Signals

Current BTC price is $68,814 (-1.99% 24h). RSI at 31.90 is in the oversold region, although the downtrend continues with Supertrend bearish. EMA 20: $77,305. Strong supports:

  • S1: $62,909 (81/100 ⭐ strong, -8.58% distance)
  • S2: $68,231 (66/100 ⭐ strong, -0.85%)

Resistances: R1 $71,911 (+4.50%). Check BTC futures.

LevelPrice ($)ScoreDistance
S162.90981/100-8.58%
R171.91173/100+4.50%

Trend Reversal Potential and Risks

The slowing of outflows and institutional purchases could support recovery above 70K. However, YTD $1.9B redemptions should be monitored. With RSI oversold, a short-term rebound is possible, but bearish Supertrend requires attention. ETH spot analysis also shows similar signals.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

JM

James Mitchell

COINOTAG author

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