Bitcoin spot ETFs pull in $853.54M, strongest weekly inflow since April 17
AI Market Summary
U.S. spot bitcoin ETFs logged five straight inflow days totaling $853.54M, the strongest week since mid-April, led by BlackRock's IBIT ($693.5M). Ether ETFs added roughly $245M and smaller XRP, SOL and HYPE ETFs also posted net inflows, signaling broader institutional re-risking. Macro signals were mixed (Fed inflation caution vs. softer payrolls), but ETF flow momentum is supportive near-term for crypto beta.
Impact level
● High
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BTC/USDT+0.23%
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▲ Bullish
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U.S. spot bitcoin ETFs recorded inflows in all five sessions last week, bringing in $853.54 million for their best weekly haul since April 17. Ether ETFs added roughly $245 million, while XRP, Solana and HYPE products also ended the week net positive, signaling a broader pickup in institutional demand.
Bitcoin ETFs started August with steady daily buying: $170.09 million on Monday, $211.49 million on Tuesday, and the week's high of $244.42 million on Wednesday. Inflows held up at $128.69 million on Thursday and $98.85 million on Friday, taking the five-day total to $853.54 million.
BlackRock's IBIT accounted for $693.5 million, more than 80% of the weekly inflow. Fidelity's FBTC brought in $116.5 million and ARK 21Shares' ARKB added $50.8 million. Bitwise's BITB gained $25.9 million, Morgan Stanley's MSBT took in $21.4 million, and Grayscale's GBTC and Bitcoin Mini Trust posted inflows of $7.5 million and $6.8 million.
Some funds still saw redemptions. VanEck's HODL lost $53.6 million and Invesco's BTCO saw $12.7 million in withdrawals. The five-session run contrasts with the prior week, when bitcoin ETFs posted a $61.53 million net outflow, ending a three-week inflow streak.
Ether ETFs were choppier early, starting with an $11.42 million outflow Monday before turning higher: $53.75 million Tuesday, $60.86 million Wednesday, $92.15 million Thursday and $49.60 million Friday. The week finished at about $245 million.
BlackRock again dominated the category, attracting about $212 million across its ether products, roughly 87% of total ether ETF inflows.
Macro signals stayed mixed. Federal Reserve Governor Lisa Cook said Wednesday inflation remained "too high," with the PCE price index up 3.7% year over year through June, and said she was prepared to support higher rates if inflation does not cool. Labor data then softened: U.S. payrolls fell by 23,000 in July and unemployment was 4.1%, according to the Bureau of Labor Statistics.
Outside the major categories, smaller crypto ETFs posted modest gains. XRP products took in about $1 million overall, as flows swung from a $1.15 million inflow Monday to a $3.58 million outflow Wednesday and a $3.45 million rebound Thursday. Solana ETFs ended up $144,930, supported by a $1 million inflow Tuesday despite an $859,450 withdrawal Thursday.
HYPE ETFs delivered the clearest turnaround. After three straight weeks of net outflows, the segment added $2.84 million, with renewed buying on Wednesday and Thursday following a $964,320 exit on Monday.
By Friday's close, the pattern across ETF desks was clear: large investors were rebuilding crypto exposure, and BlackRock remained at the center of the demand.