Bitcoin ETFs Steal My Cash… Again?!

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Bitcoin ETFs recorded $330.67 million in net inflows on February 6, ending a three-day outflow streak that drained $1.25 billion from products. After a three-day losing streak that made me feel like a used car salesman at a retirement home, Bitcoin ETFs suddenly remembered they’re in a movie and need to act important.

  • Bitcoin ETFs recorded $330.7M in inflows on Feb. 6, ending a $1.25B outflow streak. Because nothing says “confidence” like bouncing back after a three-day panic attack.
  • BlackRock’s IBIT led with $231.6M as BTC rallied 6.6% above $70,000. BlackRock’s IBIT, the financial equivalent of a golden retriever-always following the money… which is to say, me.
  • Ethereum ETFs diverged with $21.4M in outflows, led by BlackRock’s ETHA. Who knew?

BlackRock’s IBIT led with $231.62 million in inflows. At the same time, Ark & 21Shares’ ARKB has brought in $43.25 million and Bitwise’s BITB posted $28.70 million in inflows. Classic. While I’m busy questioning my life choices, these ETFs are out here playing Monopoly with other people’s savings.

The reversal came as Bitcoin (BTC) price climbed 6.6% over 24 hours and quickly fell to the $67,000 level. Like a yo-yo, but with more existential dread.

Total net assets under management rose to approximately $105 billion from $80.76 billion on February 5, while cumulative total net inflow reached $54.65 billion. VanEck’s HODL and Fidelity’s FBTC showed no updated data for the trading session. Probably too busy crying into their coffee mugs.

February 2-5 posted $1.25B in Bitcoin ETFs redemption

The three-day selling wave began February 3 with $272.02 million in outflows, followed by the streak’s largest single-day withdrawal of $544.94 million on February 4. If this were a movie, it’d be titled “The Great ETF Panic of ’26.”

February 5 recorded $434.15 million in Bitcoin ETFs redemptions before buying pressure resumed. February 2 briefly interrupted the selling with $561.89 million in inflows, but failed to establish sustained surge. Close, but no cigar. Or Bitcoin.

Total net assets fell from $100.38 billion on February 2 to a low of $80.76 billion on February 5 before recovering with February 6’s inflows. Grayscale’s mini BTC trust attracted $20.13 million while the primary GBTC product recorded zero flows. Invesco’s BTCO posted $6.97 million in inflows. Valkyrie’s BRRR, Franklin’s EZBC, WisdomTree’s BTCW, and Hashdex’s DEFI all recorded zero activity. Congrats, you’re broke. Now go cry in the corner.

BlackRock’s IBIT maintains $61.84 billion in cumulative net inflows. Grayscale’s GBTC holds -$25.88 billion in net outflows since converting from a trust structure. Fidelity’s FBTC has accumulated approximately $11.08 billion in cumulative inflows based on available data. Some days I wonder why I even bother.

Ethereum posts $21 million in outflows as BlackRock withdraws

Ethereum spot ETFs recorded $21.37 million in net outflows on February 6 despite Bitcoin’s reversal to positive flows. Ethereum ETFs, meanwhile, are like my dating life-meh. $21.4M in outflows, led by BlackRock’s ETHA. Who knew?

BlackRock’s ETHA accounted for $45.44 million in redemptions, offsetting positive flows from four other products. Bitwise’s ETHW led Ethereum inflows with $11.80 million, followed by Grayscale’s mini ETH trust at $6.80 million, VanEck’s ETHV at $3.01 million, and Invesco’s QETH at $2.45 million. Grayscale’s ETHE, Franklin’s EZET, and 21Shares’ TETH recorded zero flows. A grand total of zero. Because that’s how we roll.

Total net assets for Ethereum products fell to $10.90 billion from $13.69 billion on February 2. Cumulative total net inflow dropped to $11.80 billion. Ethereum has posted outflows in three of the past four trading days, with February 4 and 5 recording $79.48 million and $80.79 million in withdrawals respectively. February 3 provided brief relief with $14.06 million in inflows before redemptions resumed. If Bitcoin keeps this up, I might need a therapist… and a new hobby.

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2026-02-07 20:11