In the past two days, Spot Bitcoin ETFs have experienced positive net inflows totaling $76.42 million, indicating a change in sentiment among institutional investors. This is a significant shift from the previous week when outflows were consistent as investors withdrew their funds from the market.

The recent influx of funds on Tuesday, following Monday's $1.47 million inflows, suggests that some institutional players are strategizing for potential growth in the market. The increased confidence in Bitcoin's long-term prospects is evident in the renewed interest in BTC ETFs, despite ongoing short-term price volatility affecting the market at large.

Specifically, BlackRock's ETF IBIT received the highest daily net inflow on Tuesday amounting to $38.22 million, bringing its total net inflows to $39.64 billion. ARK Invest and 21Shares' ARKB was the second-highest recipient of net inflows, attracting $13.42 million on that day, with total historical net inflows reaching $2.60 billion.

Although the market experienced a decrease in trading activity resulting in a $40 billion reduction in total market capitalization, Bitcoin's price dipped by 3%, settling at $83,341. This decline was coupled with a 5% drop in the coin's futures open interest, indicating a shift away from leveraged positions.

Despite these developments, some positive signals emerged. The coin's funding rate returned to a positive 0.0032%, suggesting that many futures traders remain optimistic and are opening long positions in anticipation of a market recovery. Additionally, a bullish sentiment is reflected in the BTC options market with a higher number of calls than puts, indicating a positive outlook among options traders betting on upward price movements.