On February 3, 2026, U.S. spot Bitcoin ETFs recorded $561.9 million in net inflows, ending a four-day outflow streak and marking the strongest daily intake since January 14, per The Block. Fidelity’s FBTC led with $153.4 million, followed by BlackRock’s IBIT at $142 million and Bitwise’s BITB at $96.5 million, per SoSoValue. Other funds from Grayscale, Ark & 21Shares, VanEck, Invesco, and WisdomTree also posted gains, per. This reversed $2.82 billion in outflows over the prior two weeks.
Bitcoin rebounded 4.2% to $78,662 from an intraday low of $75,000, while Ethereum gained 5.86% to $2,322, per. Analysts attribute the ETF inflows to post-liquidation short covering and oversold conditions, not a sustained rally, per Kronos Research’s Vincent Liu. HashKey Group’s Tim Sun notes prior outflows stemmed from futures-spot spread convergence and de-risking, but recent price tests signal cost-effective allocation, per. BTC’s RSI at 45 and support at $75,000 suggest consolidation, TradingView.
Kronos Research’s Liu highlights large allocators using regulated ETFs for macro positioning, tightening liquid supply, per. Presto Research’s Rick Maeda views the rebound as risk-off easing, aligned with U.S. equities, but warns hawkish Fed narratives could cap gains, per. Bitrue’s Andri Fauzan Adziima calls the rally fragile, needing fresh catalysts like ETF inflows or macro easing, per. Spot Ethereum ETFs saw $2.86 million outflows, contrasting Bitcoin’s strength.
Upcoming jobless claims (Thursday) and non-farm payrolls (Friday) could sway markets, with softer data easing yields and supporting risk assets, per Liu. Investors should track ETF flows on SoSoValue and on-chain metrics via CryptoQuant. Dollar-cost average into BTC with stop-losses below $75,000, or diversify into USDC, per TradingView. Follow @TheBlock__ on X for updates. While $562M inflows signal recovery, macro headwinds temper long-term rally hopes until Fed clarity.
