Bitcoin ETFs Extend Winning Streak With Nearly $3B in Inflows
Bitcoin Magazine Bitcoin ETFs Extend Winning Streak With Nearly $3B in Inflows Over six days, investors have spent $2.8 billion buying shares in bitcoin exchange-traded funds. This post Bitcoin ETFs...
Over six days, investors have spent $2.8 billion buying shares in bitcoin exchange-traded funds.
Bitcoin exchange-traded funds are on a winning streak, with investors buying for six consecutive days.
The funds — managed by the likes of BlackRock, Fidelity, and Morgan Stanley — have received over $2.8 billion in new investment since September 17, according to Farside Investors data.
On Monday alone, investors bought nearly $1 billion in shares — the most since October 6, when the funds received over $1.2 billion and the price of the leading cryptocurrency hit a new all-time high of $126,080.
Still, Bitcoin’s price on Friday is only up modestly: it recently stood at nearly $83,975 after reaching as high as $87,330 on Monday. Over the past seven days, the coin’s price has surged by nearly 4%.
While the price of the leading cryptocurrency has since dipped from earlier this week, Bloomberg ETF analyst James Seyffart pointed out that the average ETF buyer is now in profit after the estimated ETF cost basis surged above $81,72 for the first time since January.
NEW: The average Bitcoin ETF Holder is back above water for the first time since January. The rally this morning has bitcoin:native above our estimated ETF cost basis of $81,722 per coin. h/t @EricBalchunas pic.twitter.com/h21zuvTxj6
Investors have a renewed interest in Bitcoin since the U.S. Department of the Treasury in August said it would at least double the size of its liquidity-support buyback operations.
Bitcoin’s price rallied as the move pushed 30-year Treasury yields down and weakened the dollar. Since the August announcement, U.S. Treasury yields have surged again.
Bitcoin continued its run last week, shrugging off the fact that lawmakers had blocked landmark crypto legislation, the Clarity Act, and the Federal Reserve had hiked interest rates.
Some analysts have said that the leading cryptocurrency is now in a bull run. Crypto market data firm CryptoQuant this week wrote that the leading cryptocurrency crossed above its 365-day moving average, a signal that the asset has finished being in a bear market.
Bitcoin notched a record of $126,080 in October of last year but then began to sink later that month after the biggest liquidation event in crypto history saw over $19 billion in bets closed. But the so-called debasement trade — where investors throw money at an asset to hedge against a currency losing its value — is hot again, and bitcoin’s price has benefited as the dollar has weakened.
Asanat Analysis — Why it matters
Six consecutive days of net inflows into spot bitcoin ETFs signals sustained institutional demand independent of price momentum. The $2.8B tally represents material capital deployment, yet the cadence matters more than the sum—consistent inflows suggest conviction rather than FOMO-driven spikes. This contrasts with 2024's pattern of volatile, event-driven flows tied to Fed policy signals and macro uncertainty.
The persistence of inflows during a period typically sensitive to risk-off sentiment (late September historically volatile) indicates either portfolio rebalancing into crypto or genuine macro tailwinds reshaping institutional positioning. If sustained, this could signal a regime shift in how traditional asset managers treat bitcoin—moving from tactical hedge to structural allocation. The streak's length also pressures short positioning and may influence derivatives markets if flows accelerate.
Context: Spot ETF inflows peaked during regulatory clarity events (2024 approval, post-election volatility). Current momentum absent major news suggests baseline demand has normalized above pre-approval levels. Monitor whether flows persist through Q4—sustained $300M+ daily inflows would indicate a material shift in institutional behavior rather than temporary window-dressing.