1 month ago
US spot Bitcoin funds extended their rebound Wednesday arsenic BTC reclaimed $68,000, pulling successful $506.5 cardinal successful inflows, the largest regular full since Feb. 2.
Bitcoin (BTC) exchange-traded funds (ETFs) are nearing a imaginable archetypal week of inflows aft five weeks of nett outflows totaling $3.8 billion, with play inflows present astatine $560.4 million, according to SoSoValue data.
The gains people 2 consecutive days of inflows, hinting astatine a imaginable upside pursuing a monolithic February sell-off that wiped retired $20 cardinal successful nett assets.
Weekly flows successful US spot Bitcoin ETFs since Jan. 2, 2026. Source: SoSoValue BlackRock’s IBIT leads inflows with $297 cardinal arsenic ETF trading rebounds
BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw the largest stock of inflows yesterday, attracting $297.4 million, according to Farside data.
The Bitwise Bitcoin ETF (BITB) and the Fidelity Wise Origin Bitcoin Fund (FBTC) followed with $39.4 cardinal and $30.1 cardinal successful inflows, respectively.
Spot Bitcoin ETF flows by issuer connected Feb. 23–25, 2026. Source: Farside.co.ukReflecting the recovering interest, ETF trading volumes rebounded supra $4.3 billion, the highest level since Feb. 9.
Jane Street’s ETF contention adds to mounting “paper Bitcoin” concerns
The renewed buying comes arsenic immoderate investors proceed to statement however marketplace operation affects Bitcoin terms discovery, including the relation of ample market-making firms similar Jane Street and authorized participants (APs) that assistance make and redeem ETF shares.
In rumors circulating connected X following a caller lawsuit filed by Terraform Labs head Todd Snyder, Jane Street has been accused of influencing prices done derivatives vulnerability to BTC and marketplace manipulation.
“The reply is trickier than the question,” Bitwise advisor Jeff Park noted successful an X station connected Wednesday, adding. “But it’s besides much structurally unsettling than the conspiracy mentation itself — and erstwhile you recognize the existent mechanics, you won’t beryllium capable to unsee them,” helium added.
Source: hodlonaut“The abbreviated reply is that nary AP explicitly suppresses Bitcoin price,” Park said, stressing that it’s alternatively the integrity of the terms find mechanics that the AP operation tin suppress.
“Those are not the aforesaid thing—but the 2nd is arguably much consequential than the first,” helium added.
Some analysts noted that selling unit connected Bitcoin has persisted since October 2025, raising doubts astir the interaction of idiosyncratic players.
Related: ‘Bitcoin scarcity is dead’: Crypto executives propulsion backmost connected viral claim
Concerns implicit “paper Bitcoin,” successful which firms commercialized without acquiring existent crypto, person lingered since aboriginal February, erstwhile The Kendall Report highlighted ETFs arsenic a contributor.
The statement intensified precocious aft a mishap astatine South Korea’s Bithumb exchange, which mistakenly distributed 620,000 BTC it did not hold, underscoring ongoing questions astir transparency and marketplace integrity.
Magazine: Bitdeer sells each Bitcoin, Metaplanet rejects misconduct claims: Asia Express
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