Massive Entries into Bitcoin ETFs Signal Recovery After Downtrend

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U.S. spot Bitcoin ETFs experienced significant positive flows on February 2, with net inflows reaching $562.62 million. This influx marks an important reversal in the market trend, ending a five-day streak of investors reducing their positions. According to data from NS3.AI, the inflows were primarily led by industry giants: BlackRock and Fidelity were at the forefront, followed by notable contributions from Bitwise and Ark Invest.

The rebound in inflows signals a shift in sentiment among institutional investors, who had adopted a more cautious stance in recent days. This return of positive flow demonstrates renewed confidence in Bitcoin investments via ETFs, suggesting that the recent period of caution may be coming to an end. The joint participation of leading Bitcoin ETF providers reinforces that institutional demand remains strong, even amid short-term fluctuations in the crypto market.

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