U.S. spot Bitcoin exchange-traded funds recorded $1.92 billion in net inflows during the week ended Friday, the strongest weekly performance since October 2025, according to SoSoValue data.
The renewed demand followed a sharp increase in Bitcoin’s price, which rose more than 20% last week and briefly exceeded $79,000 on Friday after starting the week near $63,000, per CoinGecko. Spot Ether ETFs also attracted about $700 million in inflows, marking their strongest weekly intake since October 2025, said ETF analyst Nate Geraci.
Despite the latest surge, U.S. spot Bitcoin ETFs have posted $2.91 billion in net outflows for 2026. The funds recorded their largest monthly outflows in June at $4.51 billion, following $2.43 billion in withdrawals in May. August has seen $2.38 billion in net inflows through Friday, making it the strongest month for inflows this year.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) led last week’s gains, attracting $1.33 billion in net inflows over five consecutive trading days, according to Farside Investors. Daily inflows for IBIT climbed from $160.2 million on Monday to $503 million on Thursday before easing to $239.3 million on Friday.
Bloomberg ETF analyst Eric Balchunas highlighted a pattern in IBIT’s daily flows, describing it as a “classic Flipping the Bird pattern” and interpreting it as a bullish signal. The October 2025 inflow wave, which totaled $3.42 billion, preceded a market crash on Oct. 10 that erased roughly $19 billion in leveraged positions within 24 hours.
Since Oct. 6, when Bitcoin traded near $124,700, its price has fallen about 38% to current levels.
