Bitcoin ETFs surged back to life Tuesday with a massive $330.7 million in net inflows, snapping a brutal three-day outflow streak that had drained $1.25 billion from the funds. BlackRock’s IBIT led the charge with $231.6 million in inflows, while ARK 21Shares ARKB and Bitwise BITB contributed $43.3 million and $28.7 million respectively. Talk about a comeback.
Bitcoin ETFs roared back with $330.7M in inflows Tuesday, with BlackRock’s IBIT leading the charge in a stunning market reversal.
The timing couldn’t be more bizarre. Bitcoin had just plunged near the $60,000 mark before staging a dramatic recovery. It rallied 6.6% above $70,000 on the same day as these inflows, then settled at $67,931, up 2.65%. This while still being down 18.12% for the week and 27% for the month. IBIT set a new record trading volume of $10 billion in shares traded on February 6 despite the market turbulence. Investors apparently love buying when there’s blood in the streets.
Prior outflows had been relentless. February 4 saw the largest hemorrhaging at $544.94 million, with February 5 not far behind at $434.15 million in redemptions. The brief respite on February 2 with $561.89 million inflows barely dented the damage. Net weekly outflows approached a negative $350 million. Ouch.
Some smaller players showed surprising strength. Grayscale Mini BTC trust attracted $20.13 million, while Invesco BTCO posted $6.97 million in inflows. Several others like Valkyrie BRRR and Franklin EZBC registered zero activity. Meanwhile, IBIT marked its 11th inflow day in 2026, proving it’s still the institutional darling. These fluctuations demonstrate why experts recommend dollar-cost averaging as a strategy for cryptocurrency investors dealing with market volatility. The fund continues to dominate with cumulative net inflows of $61.84 billion.
The contrast with Ethereum ETFs couldn’t be starker. They saw $21.4 million in outflows, with BlackRock’s ETHA leading the exodus at $45.44 million. Four ETH funds had minor inflows, but not enough to offset the damage.
Total net assets across Bitcoin ETFs have recovered to $105 billion from a low of $80.76 billion, with cumulative net inflows now at $54.65 billion. The Coinbase Premium flipped positive, suggesting the worst might be over. For now, anyway. This market never stays calm for long.
