Bitcoin Inflows Buck Price Slump as Bitwise’s BITB Pulls in Nearly $100 Million
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The Bitwise Bitcoin ETF Trust’s BITB fund drew fresh investor money despite a softer spot market, recording inflows of $96.5 million on February 3, 2026. The single-day haul represents roughly 3.17% of the ETF’s latest assets under management, which now stand at about $3.04 billion, underscoring persistent institutional and retail appetite for regulated Bitcoin exposure even as volatility weighs on prices.
The renewed interest in BITB comes at a time when the underlying asset has been under pressure. The related asset, BTC-USD, is currently trading around $76,036.4, down approximately 25.4% over the past three months. Technically, the market backdrop remains fragile, with the 1-day signal flashing a cautious Sell, suggesting momentum indicators have yet to confirm a sustainable rebound.
Still, the magnitude of BITB’s latest inflow hints that allocators may be treating the recent drawdown as a strategic entry point rather than a reason to capitulate. For some investors, the combination of lower spot prices and regulated ETF access appears to be a compelling proposition, potentially positioning BITB as a beneficiary if sentiment toward Bitcoin stabilizes or turns higher in the coming weeks.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.