Both Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETF) closed out last week in the green, a reversal from a period of multi-week outflows.
After five straight weeks of net negative flows, Bitcoin spot ETFs recorded net inflows of $787.31 million for the week ending on Feb. 27, bringing total net assets to $83.4 billion, per data from SoSoValue. The previous three weeks of February all saw over $300 million in net outflows for BTC funds, while the last two weeks of January recorded over $1 billion in net outflows from the products.
Ethereum ETFs also saw a renewed interest last week, with net inflows totaling $80.46 million during the same timeframe, also reversing a five-week net outflow streak.
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