Spot Bitcoin ETFs Halt 4-Week Outflow Streak With $70M Inflows as Analysts Eye Potential Bottom
Introduction: A Modest Reversal After a Brutal Month
The U.S. spot Bitcoin Exchange-Traded Fund (ETF) market has registered a critical, albeit modest, shift in sentiment. After four consecutive weeks of heavy investor withdrawals that drained billions from the sector, these funds have snapped their outflow streak, posting approximately $70 million in net weekly inflows. This reversal, documented by data from SoSoValue, signals a potential stabilization after a period of significant pressure that saw net assets decline sharply. Concurrently, the spot Ether (ETH) ETF market has mirrored this positive turn, breaking its own three-week outflow streak. As capital begins to trickle back in, analysts are pointing to technical indicators and macroeconomic factors that suggest Bitcoin may be nearing a short-term bottom, setting the stage for a potential market inflection point.
The Bleeding Stops: A Breakdown of the Weekly Reversal
The recent $70 million in net weekly inflows for spot Bitcoin ETFs represents a significant psychological victory for the market. This comes on the heels of what SoSoValue data describes as a "bruising month of withdrawals." The preceding four-week outflow run removed a staggering $4.35 billion from these investment vehicles. The most severe weekly outflows occurred in the periods ending on November 7 and November 21, 2025, with each week seeing $1.22 billion exit the spot Bitcoin ETF ecosystem.
This sustained selling pressure had a tangible impact on the sector's total value. The recent inflows, while modest in comparison to the outflows, have helped push cumulative net inflows since the launch of these products to nearly $57.7 billion. Furthermore, the combined net assets for all U.S. spot Bitcoin ETFs have increased to approximately $119.4 billion. This figure represents around 6.5% of Bitcoin’s total market capitalization, underscoring the substantial role these regulated instruments now play in the digital asset landscape.
A Daily View: Divergence Among Major Issuers
A daily analysis of Friday's trading activity reveals a more nuanced picture than the weekly aggregate. While the overall daily flow for Bitcoin funds was positive at about $71 million, this figure masked notable divergence among the leading issuers. BlackRock’s iShares Bitcoin Trust (IBIT), typically a dominant force in terms of inflows, experienced $113.7 million in daily outflows.
However, this selling pressure was more than offset by robust inflows into competing funds. Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $77.5 million, while the ARK 21Shares Bitcoin ETF (ARKB) led the pack with $88 million in daily inflows. This activity demonstrates that while some profit-taking or repositioning occurred with one major fund, broader investor demand remained strong enough to drive the entire segment into positive territory for the day.
Ether ETFs Join the Rebound with a Stronger Showing
The positive momentum was not confined to Bitcoin products. The U.S. spot Ether ETF market staged its own powerful turnaround, recording $312.6 million in net weekly inflows. This ended a three-week streak of heavy withdrawals that had drained roughly $1.74 billion from Ether ETFs.
The most challenging period for Ether funds was the week ending November 14, 2025, during which investors pulled $728.6 million. The rebound was solidified on Friday when these ETFs posted about $76.6 million in inflows. Since their launch, spot Ether ETFs have accumulated $12.94 billion in cumulative net inflows, and their total assets now stand near $19.15 billion. This equates to approximately 5.2% of Ether’s total market capitalization, indicating a slightly smaller but still significant footprint relative to their Bitcoin counterparts.
Analyst Perspectives: Flagging a Potential Bitcoin Bottom
The reversal in ETF flows coincides with growing analyst commentary suggesting that Bitcoin's price may be forming a short-term bottom. As reported by Cointelegraph, trader Mister Crypto has pointed to key technical indicators to support this view. He noted that Bitcoin’s Relative Strength Index (RSI) is nearing oversold levels, a condition that has historically preceded price bounces. Furthermore, he highlighted that large investors, often referred to as "whales," have begun reopening long positions. This combination of factors, according to Mister Crypto, raises the odds of a relief rally toward the $100,000–$110,000 range.
Adding a macroeconomic dimension to the analysis, Bitwise Europe research head André Dragosch has stated that Bitcoin could have major upside ahead. His perspective is that the current price of Bitcoin does not yet reflect improving macro expectations. While he did not specify which macroeconomic factors he was referencing, such views often encompass expectations around interest rate policy, inflation data, or broader institutional adoption trends.
Comparative Scale: Bitcoin vs. Ether ETF Impact
When comparing the two major digital asset ETF markets, clear differences in scale and market penetration emerge. The spot Bitcoin ETF ecosystem is substantially larger, with nearly $119.4 billion in net assets compared to the $19.15 billion held in spot Ether ETFs. This translates to Bitcoin ETFs capturing 6.5% of Bitcoin's market cap, while Ether ETFs represent 5.2% of Ether's market cap.
In terms of cumulative flows since launch, Bitcoin's $57.7 billion dwarfs Ether's $12.94 billion. However, the recent weekly inflow data shows that Ether ETFs experienced a more pronounced rebound relative to their size, with $312.6 million in inflows versus Bitcoin's $70 million. This suggests that while Bitcoin ETFs represent the foundational pillar of crypto-based traditional finance products, Ether ETFs are demonstrating their own distinct demand dynamics and can exhibit periods of stronger relative momentum.
Strategic Conclusion: A Tentative Sign of Stabilization
The halt of the four-week outflow streak for spot Bitcoin ETFs, coupled with a stronger rebound in Ether ETFs, provides a tentative signal that the recent period of intense selling pressure may be abating. The return of net inflows, even at a modest level for Bitcoin, indicates that investors are once again finding value at current price levels.
For market participants, this development warrants close observation of daily flow data from sources like SoSoValue to confirm whether this is a sustained trend or a temporary respite. The divergence in flows between major issuers like BlackRock’s IBIT and Fidelity’s FBTC also highlights the importance of monitoring individual fund performance rather than treating the category as a monolith.
Looking ahead, readers should watch for consistency in daily inflows and monitor the technical levels cited by analysts like Mister Crypto to gauge the potential for a short-term rally. The commentary from analysts like Bitwise's André Dragosch also underscores that broader macroeconomic developments will continue to be a critical driver for digital asset valuations. The convergence of stabilizing ETF flows and constructive technical and macro analysis suggests that the market may be at a pivotal juncture, making the coming weeks crucial for determining its medium-term direction.
This analysis is based on publicly available data and should not be considered financial advice.