US Spot Bitcoin ETFs Secure $145M Inflow as Market Eyes ‘Inflection Point’

On Monday, February 9, 2026, US-listed spot Bitcoin ETFs continued their recovery by bringing in $145 million in new net inflows...

Quick overview

  • US-listed spot Bitcoin ETFs saw a recovery with $145 million in new net inflows on February 9, 2026, following a $371 million gain the previous Friday.
  • Despite recent inflows totaling $516 million, they have not yet compensated for the $318 million withdrawn last week or the $1.9 billion in net redemptions this year.
  • Market analysts note a slowdown in outflows, which historically precedes market stabilization or a turning point.
  • Spot altcoin ETFs also experienced gains, indicating increased institutional interest in a broader range of digital assets.

On Monday, February 9, 2026, US-listed spot Bitcoin ETFs continued their recovery by bringing in $145 million in new net inflows. This comes after a strong $371 million gain last Friday, giving Bitcoin a boost as it holds steady near $70,000.

The increase in capital may signal a change in how institutions view the market after recent volatility. Still, the overall outlook is mixed. Even with the recent $516 million surge over two days, these inflows have not yet made up for the $318 million withdrawn last week or the $1.9 billion in net redemptions so far this year.

Decelerating Outflows: A Signal of Stability?

Market analysts are watching how quickly money moves in and out for signs the trend might change. CoinShares data shows that although outflows continued during recent price drops, they have slowed down a lot.

  • Slowing Momentum: Outflows moderated to $187 million despite persistent price pressure earlier in the month.
  • Historical Context: In the past, a sharp slowdown in outflows has often come just before the market hits bottom or reaches an important turning point.
  • Stabilization Phase: James Butterfill, Head of Research at CoinShares, said that the slower pace suggests Bitcoin investment products might be settling before a possible long-term rebound.

Resilience of the “Bitcoin OGs”

New institutional investors using ETFs have reacted to price swings, but early adopters seem to be staying put. Bitwise Asset Management recently pointed out a difference between short-term traders and long-term holders.

Matt Hougan, Bitwise’s Chief Investment Officer, said the “cypherpunk, libertarian core” of the Bitcoin community is still mostly unfazed. According to Hougan:

  • Early investors who started with small amounts have seen big gains, but most are only taking some profits.
  • Most of these “OG” holders are still invested, even as more traditional financial firms like BlackRock enter the market.

Bernstein analysts support this positive outlook, calling the current market the “weakest bear case” in Bitcoin’s history. Unlike past downturns, there are no major industry crises like exchange collapses or protocol failures that usually cause big sell-offs.

Altcoin ETFs Join the Recovery

The improved mood isn’t just about Bitcoin. Spot altcoin ETFs also saw gains on Monday, showing that more institutions are interested in a wider range of digital assets.

ETF Type Monday Inflows Key Data Source
Ether (ETH) $57 Million SoSoValue
XRP (XRP) $6.3 Million SoSoValue

These numbers show that more investors are turning to Ethereum and XRP to diversify within crypto. The $57 million inflow into Ether ETFs stands out, ending a run of recent withdrawals and hinting that the “smart contract king” is regaining ground with institutional investors.

The Road Ahead: Momentum or Volatility?

As Bitcoin hovers near the critical $70,000 level, the market remains at a crossroads. While the recent half-billion dollars in ETF inflows over two days is a bullish signal, the significant year-to-date redemptions mean the market is still in a “prove it” phase.

Investors will be watching for sustained positive flows in the coming weeks to confirm whether the current rebound is a genuine trend reversal or merely a temporary pause in a volatile 2026.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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