After the significant $234 million in outflows we’ve seen on Feb. 3, spot Bitcoin ETFs saw a recovery with $340.7 million in inflows on Feb. 4.

However, only four out of the ten spot Bitcoin ETFs recorded inflows, with BlackRock’s IBIT leading at $240 million. ARKB saw the second-highest inflow of $56.1 million, while BTCW and FBTC saw $19.5 million and $16.1 million in inflows, respectively.

The remaining ETFs saw no inflows, showing that investor sentiment remains cautious. IBIT continues to dominate ETF inflows, while GBTC saw no inflows, reinforcing the trend of funds shifting away from Grayscale’s fund.

The positive shift in flows came as Bitcoin rebounded from the $92,000 it posted on Feb. 3. It briefly crossed $100,000 before settling at around $98,000 at press time. The recovery in ETF inflows suggests that some investors viewed the price dip as a buying opportunity, reinforcing Bitcoin’s resilience. However, with six ETFs seeing no inflows, the market is still digesting macroeconomic risks, including political uncertainty after Trump’s tariff threats.

The uneven distribution of investments indicates that institutional confidence hasn’t fully returned. The coming days will be crucial in determining whether this is the start of a sustained accumulation phase or just a temporary rebound.

The post Bitcoin ETFs see $340M in inflows but six out of ten funds remain flat appeared first on CryptoSlate.