Spot Bitcoin ETFs Draw $2B Over 8-Day Inflow Streak

BTC-0,42%
ETH0,03%

U.S. spot bitcoin exchange-traded funds have extended their total net inflow streak to eight days, drawing in over $2 billion during the period, according to data from SoSoValue cited by The Block.

Thursday Flows Led by BlackRock IBIT

Spot bitcoin ETFs logged $223.2 million in positive flows on Thursday, led by $167.5 million into BlackRock’s IBIT. Funds from Ark Invest/21Shares, Morgan Stanley, and Grayscale also saw net inflows on the day.

Fidelity, Bitwise, and VanEck’s bitcoin funds, however, saw net outflows totaling roughly $30 million.

Ethereum ETF Momentum

Ethereum ETFs posted 10 straight days of positive flows before recording $76 million in net outflows yesterday, according to The Block’s data.

Bitcoin Price and Market Structure

With continued ETF inflows, bitcoin’s price has maintained a constructive level around $78,000, rising 10% in the past 30 days, but still significantly below the October 2025 all-time high of around $126,000. The market has become more bitcoin-heavy, with bitcoin dominance cracking above 60% for the first time in 2026.

Institutional Adoption and Future Outlook

“This isn’t noise, it’s allocators treating the post-2025 pullback as a real accumulation zone, especially with resilient demand even after earlier 2026 outflows,” said Bitrue’s Research Lead Andri Fauzan Adziima. “Institutions see BTC as core portfolio ballast now, not just a trade.”

Adziima projected that if inflows continue or accelerate, “I think it creates a structural bid that tightens supply even more, especially post-halving dynamics and with ETFs locking up fresh BTC daily. My sense is this could steadily push BTC toward $85K–$90K+ as a base case, providing a firmer floor and lifting sentiment overall.”

Macroeconomic Sensitivity

Still, the market remains highly sensitive to geopolitical and macroeconomic headlines. U.S. President Donald Trump recently announced an indefinite extension to the ceasefire with Iran, which was initially set to expire this week, though tensions remain palpable as the U.S.-Iran standoff at the Strait of Hormuz continues.

“The market isn’t euphoric yet; it’s mature and macro-sensitive,” Adziima said. “In my opinion, this setup favors patient BTC exposure over chasing alts right now, but watch dominance and daily flows closely, because any slowdown could test the $74K–$70K zone again.”

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Comment
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RationalRugCheckervip
· 5h ago
Honestly, I'm more concerned about whether it can continue for a few more weeks; otherwise, it's still easy to be pushed back by macro factors.
View OriginalReply0
PickingUpAirdropsInTheFogvip
· 8h ago
This signal is quite strong: all rolling periods have turned positive, indicating it's not just a one or two-day fake rebound.
View OriginalReply0
0xLateDinnervip
· 14h ago
Funds have returned = institutions are starting to buy again? If it's genuine demand, spot trading might need to become more aggressive.
View OriginalReply0
RugWeathervip
· 04-24 04:31
It all depends on how inflation/interest rate cut expectations develop next. ETF inflows are the result; macro factors are the steering wheel.
View OriginalReply0
BitByBitBennyvip
· 04-24 04:29
Finally seeing ETF net inflows turn positive, indicating a clear mood rebound.
View OriginalReply0
0XsundayCookvip
· 04-24 04:23
Don't rush to FOMO; inflow turning positive is a good thing, but it could also be short-term rebalancing or repositioning.
View OriginalReply0
OffshoreWindOrdervip
· 04-24 04:16
It seems that risk appetite in the U.S. stock market is rebounding, and Bitcoin is once again attracting funds from "tech-like assets."
View OriginalReply0
GlassDomeUniversevip
· 04-24 04:13
In the past few months, redemptions kept pressing down, but this time turning positive marks a phase turning point, at least making the narrative easier to explain.
View OriginalReply0
TransparentDomevip
· 04-24 04:13
If ETFs continue to attract funds, the selling pressure on-chain and on exchanges will be absorbed more quickly, and price elasticity will emerge.
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