Bitcoin ETFs Make a Comeback: $167 Million Inflow Reverses Recent Outflows
Updated (February 11, 10:00 am UTC): This article has been revised to reflect the accurate share figures.
US spot Bitcoin exchange-traded funds (ETFs) have defied the odds, turning a three-session inflow streak into a powerful force. This week's gains have effectively erased last week's outflows, with a total of $311.6 million flowing into these funds, according to SoSoValue data. This remarkable turnaround comes after a challenging period, with net outflows of $318 million the previous week, marking three consecutive weeks of losses exceeding $3 billion.
Despite the recent price decline of 13% in Bitcoin over the past seven days, and a brief dip below $68,000 on Tuesday, the Bitcoin ETF momentum has been impressive. This resilience is particularly notable, as analysts had earlier observed signs of a potential trend shift, noting a slowdown in the pace of selling across crypto exchange-traded products.
Goldman Sachs Adjusts Its Bitcoin ETF Strategy
In a recent development, US investment bank Goldman Sachs revealed a strategic shift in its Bitcoin ETF exposure in the fourth quarter of 2025. According to a Form 13F filing with the Securities and Exchange Commission, the bank reduced its holdings in BlackRock's iShares Bitcoin Trust ETF (IBIT) by 39%, from 34 million shares in Q3 to 20.7 million in Q4, a move worth approximately $1 billion. This adjustment was part of a broader reduction in stakes across various Bitcoin funds and companies, including Fidelity Wise Origin Bitcoin (FBTC) and Bitcoin Depot.
However, the bank made a surprising counter-move by acquiring its first-ever positions in XRP and Solana ETFs. Goldman Sachs bought 6.95 million shares of XRP ETFs, valued at $152 million, and 8.24 million shares of Solana ETFs, worth $104 million. This strategic diversification into altcoin ETFs has contributed to the overall inflows, with Ether funds adding around $14 million, while XRP and Solana ETFs gained $3.3 million and $8.4 million, respectively.
Bitcoin ETF Investors Stay the Course
On Thursday, Eric Balchunas, a senior ETF analyst at Bloomberg, highlighted the remarkable loyalty of Bitcoin ETF investors. Despite the recent downturn, an estimated 94% of total assets remained in the funds, with only about 6% of investors exiting as Bitcoin prices fell sharply. This high level of investor confidence is a testament to the growing acceptance and stability of Bitcoin ETFs in the market.
As the Bitcoin ETF landscape continues to evolve, these developments underscore the dynamic nature of the cryptocurrency market and the strategic decisions made by major financial institutions.
