Bitcoin ETFs draw $1.92 billion in weekly inflows, strongest since October

Spot Bitcoin ETFs absorbed $1.92 billion in net inflows last week, the most since October, as BlackRock's IBIT led a five-day buying streak.

Spot Bitcoin ETFs took in $1.92 billion last week, the strongest weekly intake since October, as Bitcoin climbed more than 20 percent to near $79,000.

BlackRock's iShares Bitcoin Trust (IBIT) led the surge, drawing $1.33 billion across five consecutive trading sessions, according to Farside Investors data. Daily inflows into the fund accelerated from $160.2 million on Monday to $503 million on Thursday before easing to $239.3 million on Friday.

Spot Ethereum ETFs added roughly $700 million over the same stretch, ETF analyst Nate Geraci said, giving both product lines their strongest weekly inflows since October. Bloomberg Intelligence's Eric Balchunas flagged the shape of IBIT's daily flows as a bullish signal, describing the pattern — a tall mid-week bar flanked by smaller ones — as a "classic Flipping the Bird" formation.

The buying wave coincided with Bitcoin's largest weekly dollar gain on record, a rise of roughly $14,264, supported by improving liquidity expectations and renewed optimism over U.S. crypto regulation. The move followed the Oct. 10 market crash, which wiped out $19 billion in liquidations and pulled Bitcoin from its record near $124,700.

Can the inflow streak hold?

The rebound leaves U.S. spot Bitcoin ETFs $2.91 billion in net outflows for 2026, with June accounting for $4.51 billion of withdrawals and May another $2.43 billion. August has turned into the strongest month of the year at $2.38 billion, yet the weekly intake still trails the buying wave that preceded October's crash.

ETF flows can reverse on any given session, and sustained outflows would signal reduced institutional appetite and could pressure Bitcoin, which has yet to reclaim its October high. The concentration of inflows into IBIT, alongside Fidelity's Wise Origin Bitcoin Fund (FBTC), suggests institutions are rebuilding exposure through regulated vehicles rather than direct custody.

For now, the combination of strong fund demand, rising prices and renewed institutional participation offers one of the clearest bullish signals in months — though profit-taking after such a rapid move could inject fresh volatility. The key question is whether the $1.92 billion weekly intake marks the start of a sustained return of institutional capital or a reaction to Bitcoin's latest breakout.

This article is for informational purposes only and does not constitute investment advice.