Bitcoin ETFs have faced a significant net outflow of $3.8 billion over five weeks, marking the longest period of withdrawals since early 2025. This trend coincided with macroeconomic uncertainties, particularly around tariff policies affecting interest rates and stock markets. During this period, Bitcoin's price hovered around $60,000, but it has since risen to approximately $68,000. However, a reversal occurred after February 20, with U.S.-listed spot Bitcoin ETFs recording $875.5 million in net inflows over a week. This shift suggests a potential re-emergence of institutional demand, although it does not fully offset the previous outflows. The ETF flows highlight the dynamic nature of institutional participation in the Bitcoin market, with recent inflows indicating a possible stabilization or tactical repositioning amid ongoing macroeconomic volatility.