Spot Bitcoin exchange-traded funds (ETFs) in the US have broken a five-week net outflow streak in the trading week ending March 21. Bitcoin (BTC) ETFs saw a net inflow of $744.4 million, the largest in eight weeks, extending their daily inflow streak to six consecutive days, as per data from SoSoValue. This positive trend was driven by five funds, with BlackRock’s iShares Bitcoin Trust (IBIT) contributing $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million. These inflows come after a bearish period for the crypto market and the global economy, marked by trade tensions and recession concerns. In contrast, Ether (ETH) ETFs continued their weekly net outflow streak, with Ethereum funds experiencing a net outflow of $102.9 million, led by BlackRock’s iShares Ethereum Trust ETF (ETHA). Despite this, institutions are increasing their exposure to Ethereum, with BlackRock’s BUIDL fund now holding a record $1.15 billion worth of Ether. Market sentiment in the crypto space has improved, as reflected in the Crypto Fear & Greed Index, but investors remain cautious due to upcoming tariff escalations. The price of Bitcoin rebounded to $87,343 at the time of writing, following the recent inflows. However, Ethereum was trading at $2,090, showing signs of recovery from dropping below $2,000 for the first time in over a year. Overall, the market outlook is cautiously optimistic, with a focus on potential geopolitical impacts on digital assets.