Bitcoin ETFs See $70M Inflows After Weeks of Outflows as Analysts Signal a Market Bottom

 

Spot Bitcoin ETFs capped off a tough month of sustained redemptions with a meaningful shift back into positive territory, recording about $70 million in weekly net inflows after four weeks of heavy pullouts.

The turnaround marks the first sign of stabilization in nearly a month, during which spot Bitcoin ETFs shed $4.35 billion in assets. The worst outflows came in the weeks ending Nov. 7 and Nov. 21, each seeing $1.22 billion exit the category, according to SoSoValue.

Bitcoin ETFs See First Daily Inflows After Weeks of Bleeding

On Friday alone, spot Bitcoin ETFs pulled in $71 million, lifting cumulative net inflows since the launch to $57.7 billion. Total net assets across all U.S. spot Bitcoin ETFs now stand at $119.4 billion, representing roughly 6.5% of Bitcoin's total market cap.

Daily flows showed sharp divergence among the issuers:

BlackRock’s IBIT: -113.7M flows

Fidelity's FBTC: +$77.5M inflows

ARK 21Shares ARKB: +$88M inflows

This strong demand for non-IBIT products more than offset the large outflow from BlackRock.

Ether ETFs Turn Positive With $312.6M Weekly Inflows.

Spot Ether ETFs also broke a three-week streak of losses as $312.6 mln of inflows were recorded for the week, following $1.74 billion in redemptions throughout November.

Friday added $76.6 million of net inflows, which put the cumulative ETF inflows since its launch to $12.94 billion. Total assets across all U.S. spot Ether ETFs now sit near $19.15 billion, which represents about 5.2% of ETH's market capitalization.

Bitcoin may be forming a short-term bottom.

Market analysts are turning cautiously optimistic.

Trader Mister Crypto says that Bitcoin's RSI is close to reaching the oversold region, while whales are re-opening longs—usual signals before relief rallies towards the $100,000-$110,000 region.

According to Bitwise Europe's André Dragosch, current BTC prices significantly understate the improving macroeconomic outlook, with meaningful upside potential as rate-cut expectations strengthen.

Analysts say Bitcoin may be preparing to exit its multiweek corrective phase with ETF flows stabilizing and on-chain accumulation reappearing. #BTC ETF #ETH