Bitcoin ETF news: BTC funds see $1.7 billion in recent inflows

After experiencing cumulative outflows of about $9 billion from mid-October through late February, U.S. spot bitcoin ETFs have reversed course, attracting roughly $1.7 billion in fresh capital since February 24. This rebound suggests investors feel more comfortable that Bitcoin may have found a near-term bottom, especially after it held above recent lows despite geopolitical news. Analysts like James Seyffart noted that this inflow appears to be straightforward bullish positioning rather than market-neutral basis trading, as yields for those trades are low. Furthermore, asset managers like BlackRock are seen as doubling down on their conviction in Bitcoin's long-term viability by continuing to promote their spot ETFs, even though the asset is still down about 16% this year.

(Source：CoinDesk)