Bitcoin spot ETFs attract $98.85 million as inflows reach five sessions

U.S. spot Bitcoin ETFs recorded $98.85 million in net inflows on Thursday, extending their positive streak to five consecutive trading sessions, the longest since mid-July, according to SoSoValue. Spot Ether ETFs attracted a further $49.60 million, extending their own streak to four sessions. The parallel buying suggests institutional demand is broadening across regulated crypto products rather than being limited to Bitcoin. Although the inflows remain modest compared with the multibillion-dollar days earlier this year, their consistency offers a counterpoint to concerns that ETF demand had stalled after a volatile July. The flows are also emerging as Washington debates a landmark crypto bill facing a last-minute challenge from the banking industry four days before a Senate vote. That legislation could affect custodians, exchanges and ETF issuers in the U.S. The continued buying may indicate that institutions expect the bill to pass largely intact or believe the regulatory path will not disrupt the ETF structure. Still, trading volumes and inflows remain below first-quarter levels, making the trend vulnerable to negative macroeconomic data or an unexpected regulatory setback. Market observers will watch whether the streak reaches a full week in August, which could shift the interpretation from a tactical rebound to renewed accumulation. Interest-rate expectations, dollar strength and stock-market sentiment remain key variables.

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