Bitcoin, Ethereum ETFs Snap Five-Week Losing Streak as Crypto Funds Add $1 Billion
The post Bitcoin, Ethereum ETFs Snap Five-Week Losing Streak as Crypto Funds Add $1 Billion appeared on BitcoinEthereumNews.com.
In brief Crypto funds pulled in $1 billion last week, reversing five weeks of outflows tallying $4 billion. Bitcoin products led inflows with $881 million, though short Bitcoin products signal divided sentiment. Investors now await Friday’s BLS jobs report, with Deutsche Bank forecasting 4.3% unemployment. Bitcoin and other crypto exchange-traded products pulled in $1 billion worth of funds last week, offsetting substantial losses in the weeks before. Before last week, crypto funds had shed $4 billion over the past five weeks, according to a new report from digital asset manager CoinShares. There have been signs that institutional investors haven’t lost interest in adding crypto exposure. “From a macro standpoint, it is difficult to attribute the shift in sentiment to a single catalyst. However, prior price weakness, a break below key technical levels, and renewed accumulation by large Bitcoin holders appear to have contributed to the reversal,” wrote James Butterfill, the firm’s head of research. “At a more anecdotal level, recent client discussions have been almost entirely focused on identifying entry points rather than reducing exposure to the asset class.” Bitcoin was trading for $69,655 at the time of writing after climbing nearly 4% over the last day, according to crypto price aggregator CoinGecko. The largest crypto asset has now gained more than 5% in the last week, following a sudden surge Monday morning. BTC is still down about 45% since setting an all-time high of $126,080 on Oct. 6, 2025. BTC funds were the primary beneficiary of last week’s inflows, with deposits totaling $881 million. Butterfill added that $3.7 million worth of funds added to short Bitcoin investment products shows “opinion remains polarized.” Ethereum funds added nearly $117 million last week, with Solana ETFs adding about $54 million and XRP products amassing just shy of $2 million in investments.…
Filed under: News - @ March 2, 2026 5:26 pm