TheBlock
U.S. spot bitcoin ETFs pulled in about $197.4 million in the week ending Friday, ending a record eight-week outflow streak that had drained capital since early May. Spot ether ETFs added roughly $84.4 million, snapping their own eight-week losing run that had tied the category record.
Why it matters
Combined, the two groups booked $282 million of net inflows, the first simultaneous positive week for both products since the streak began. The shift in direction is the headline, but the scale is modest: the preceding eight weeks had pulled $9.46 billion out of the two ETF categories combined, meaning this week's rebound recovered roughly 3% of what the outflow streak had taken. Reversing the bleed and reversing the damage are different problems.
Market impact
Friday's demand was concentrated. BlackRock's IBIT and ETHA did most of the work, while most other issuers reported zero flows on the day, underscoring how concentrated the institutional bid remains with a single sponsor. A first positive week after a record outflow streak resets the narrative, but the read-through depends on whether next week's tape confirms the turn or treats the print as a one-off rebalance.
Frequently asked questions
-
How much did spot BTC and ETH ETFs take in last week?
Spot bitcoin ETFs drew roughly $197.4 million and spot ether ETFs added about $84.4 million, for a combined $282 million of net inflows in the week ending Friday.
-
How long were the prior outflow streaks?
Both spot bitcoin and spot ether ETFs had logged eight consecutive weeks of net outflows, with bitcoin's streak setting a category record and ether's tying it.
-
How much did the two ETF groups lose during the eight-week streak?
The preceding eight weeks pulled a combined $9.46 billion out of the spot BTC and ETH ETF categories, meaning the rebound week recovered only about 3% of those outflows.
-
Which funds drove the rebound?
Friday's buying was concentrated in BlackRock's IBIT (spot bitcoin) and ETHA (spot ether), while most other issuers reported no flows on the day.
-
Does the green week mark a real turn or a one-off rebalance?
The print ends the streak but recovers only a fraction of the prior outflows. Confirmation depends on whether next week prints a second consecutive positive week or reverts to flat or negative.
CoinTelegraph
CryptoSlate
Crypto News
WuBlockchain
CoinDesk
Lookonchain