Spot Bitcoin ETFs Add $167M, Nearly Erasing Last Week’s Outflows

U.S. spot Bitcoin ETFs have recorded strong inflows over the past three sessions, nearly offsetting the previous week’s outflows. Total inflows reached $311.6 million this week, including $166.6 million added in the most recent trading session.

This development comes after three consecutive weeks of net outflows exceeding $3 billion, with last week alone seeing $318 million withdrawn from Bitcoin ETF products. The renewed inflows suggest that institutional appetite has not disappeared, even amid short-term price weakness.

Notably, these ETF inflows occurred while Bitcoin’s price declined approximately 13% over the past seven days. BTC briefly dipped below $68,000 before stabilizing. The divergence between price action and fund flows indicates that long-term investors may be using the dip as a buying opportunity rather than exiting the market.

On the institutional side, Goldman Sachs reported adjustments to its crypto ETF exposure in its latest SEC Form 13F filing. The bank reduced its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by approximately 39%, cutting its stake from nearly 70 million shares in Q3 to 40.6 million shares in Q4—valued at around $2 billion.

Goldman also trimmed exposure to other Bitcoin-related ETFs, including Fidelity’s Wise Origin Bitcoin Fund, and reduced positions in Ether ETFs. However, the bank simultaneously disclosed new positions in XRP and Solana ETFs for the first time. It acquired approximately $152 million worth of XRP ETF shares and $104 million worth of Solana ETF shares.

Meanwhile, altcoin ETFs posted modest inflows. Ether funds added around $14 million, while XRP and Solana ETFs recorded $3.3 million and $8.4 million in net inflows, respectively.

According to Bloomberg ETF analyst Eric Balchunas, the majority of Bitcoin ETF investors have held their positions despite the recent downturn. He estimates that only about 6% of total ETF assets exited during the correction.

BlackRock’s IBIT fund, although declining from its peak of $100 billion to around $60 billion in assets under management, still maintains its record as the fastest ETF in history to reach $60 billion.

Overall, the data suggests that while short-term volatility remains elevated, institutional capital has not abandoned Bitcoin. Instead, it appears to be rotating selectively within the crypto ETF space, balancing exposure between Bitcoin and emerging altcoin products.