Currencies38902
Market Cap$ 2.77T+1.30%
24h Spot Volume$ 43.35B+7.86%
DominanceBTC57.80%+0.20%ETH10.86%-0.91%
ETH Gas0.04 Gwei
Cryptorank
/

Bitcoin ETFs Extend Inflow Streak to 9 Days With $242M Added


Bitcoin ETFs Extend Inflow Streak to 9 Days With $242M Added

Share:

AI Overview

On Aug. 27 U.S. spot Bitcoin ETFs recorded $242.30 million in net inflows and spot Ethereum ETFs added $235 million, each marking a nine-day inflow streak; spot Solana and Hyperliquid ETFs added $60.91 million and $24.42 million, total net assets for Bitcoin ETFs reached $79.16 billion with $8.23 billion in trading volume, and BTC traded near $80,000 while ETH was near $2,480. Sustained institutional buying, a combined $2.3 billion inflow last week, and expanding ETF demand point to broader crypto ETF adoption that tightens spot supply and is supportive for prices and further accumulation.

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

In Brief

  • Spot Bitcoin ETFs added $242 million on Aug. 27, a ninth straight inflow day.
  • Ethereum ETFs also logged nine consecutive days of inflows, adding $235 million.
  • Solana and Hyperliquid ETFs added $60.91 million and $24.42 million, respectively.

Spot Bitcoin (BTC) exchange-traded funds (ETFs) added $242.30 million in net inflows on Aug. 27. The gain extended their streak to nine consecutive trading days.

Spot Ethereum (ETH) ETFs matched the pace. The category added $235 million on the same day, marking its own ninth straight inflow session.

Bitcoin And Ether Funds Move In Lockstep

The parallel streaks follow a stretch of heavy institutional buying. BlackRock’s iShares Bitcoin Trust (IBIT) contributed $209 million of a $338 million Bitcoin ETF inflow on Aug. 24. Its Ethereum fund, ETHA, added $90.92 million of that day’s $116 million Ethereum ETF haul.

Bitcoin traded near $80,000 on Thursday, up 2.12% over 24 hours. Ether changed hands near $2,480 over the same period.

Total net assets across spot Bitcoin ETFs stood at $79.16 billion. Trading volume across the category reached $8.23 billion, according to CoinGlass data.

The two categories also posted their biggest combined week since October last week, drawing $2.3 billion between them. That run suggests institutions are building positions across both assets rather than rotating between them.

The current streak traces back to Aug. 17, when both categories began a run that reached four days by Aug. 20. It has continued uninterrupted through Aug. 27.

Bitcoin's price is hovering around $80,000.Bitcoin’s price is hovering around $80,000. Image Source: BeInCrypto

Smaller crypto funds joined the advance. Spot Solana (SOL) ETFs added $60.91 million, and spot Hyperliquid (HYPE) ETFs drew $24.42 million, both on Aug. 27.

Both smaller funds remain far behind Bitcoin and Ether in scale. The same-day gains suggest institutional demand extends beyond the two largest crypto assets.

Sustained ETF demand can matter beyond the daily headline. Steady inflows reduce available supply on spot exchanges, a dynamic that has historically supported price during past accumulation phases.

Nine straight days of buying across both major categories signals broad, not narrow, institutional appetite. Whether that appetite holds into next week may depend on whether Bitcoin and Ether can extend their recent price gains.

Read the article at BeInCrypto
Read the article at BeInCrypto

In This News

Coins

$ 79.83K

+1.51%

$ 2.49K

+0.38%

$ 107.20

+6.05%

$ 83.06

+2.73%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 79.83K

+1.51%

$ 2.49K

+0.38%

$ 107.20

+6.05%

$ 83.06

+2.73%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

3 Signals Say Crypto Demand Is Returning, None Have Confirmed Yet

3 Signals Say Crypto Demand Is Returning, None Have Confirmed Yet

In Brief Stablecoin flows, ETF inflows, and Coinbase premiums are all turning higher...
BlackRock Adds Over 60% of Bitcoin's $338 Million ETF Inflow While ETH Also Jumps

BlackRock Adds Over 60% of Bitcoin's $338 Million ETF Inflow While ETH Also Jumps

In Brief BlackRock's IBIT led a $209 million Bitcoin ETF inflow on Aug. 24. Spot Eth...