U.S. spot Bitcoin ETFs recorded $1.92 billion in net inflows last week, marking their strongest weekly performance since October 2025 as Bitcoin staged a powerful recovery and briefly moved above $78,000.
The renewed institutional demand represents a sharp turnaround after months of inconsistent ETF flows, with investors directing nearly $2 billion into spot Bitcoin products during the latest seven-day period.
According to SoSoValue data, the funds recorded their strongest weekly inflow total in almost 10 months for the week ending Friday.
Spot Ether ETFs also performed strongly, attracting approximately $700 million during the same period. ETF analyst Nate Geraci said both Bitcoin and Ether funds registered their best weekly inflow figures since October 2025.
The surge in ETF demand coincided with a significant Bitcoin price recovery. Bitcoin gained more than 20% over the week, rising from around $63,000 at the start of the period to briefly exceed $79,000 on Friday.
Bitcoin ETFs Still Face a Challenging 2026
Despite the latest inflows, U.S. spot Bitcoin ETFs remain in negative territory for the year, with approximately $2.91 billion in cumulative net outflows in 2026.
Selling pressure was particularly severe during the first half of the year. June recorded roughly $4.51 billion in withdrawals, while May saw approximately $2.43 billion leave the funds.
August, however, has marked a significant improvement. The funds accumulated approximately $2.38 billion in net inflows through Friday, making it the strongest month for Bitcoin ETF demand so far this year.
The previous major inflow wave came in October 2025, when spot Bitcoin ETFs attracted approximately $3.42 billion. That period was followed by the major crypto market sell-off on Oct. 10, which triggered one of the largest liquidation events in the industry’s history.
Around $19 billion in leveraged positions were reportedly wiped out within 24 hours during that crash. Bitcoin has since fallen substantially from its Oct. 6 level near $124,700, remaining roughly 38% below that price.
BlackRock’s IBIT Drives Much of the Recovery
BlackRock’s iShares Bitcoin Trust (IBIT) accounted for a significant portion of the latest ETF inflows.
Farside Investors data showed IBIT attracting approximately $1.33 billion over five consecutive trading sessions.
Daily inflows increased from around $160.2 million on Monday to approximately $503 million on Thursday, before slowing to about $239.3 million on Friday.
Bloomberg ETF analyst Eric Balchunas highlighted the unusual pattern in IBIT’s daily flows, describing it as a “Flipping the Bird” pattern and suggesting that the formation could be viewed as a bullish signal.
The strength of IBIT’s inflows is particularly significant because BlackRock’s fund has become one of the largest vehicles through which traditional investors gain exposure to Bitcoin without directly holding the cryptocurrency.
Institutional Demand Returns to Crypto
The latest ETF figures suggest that institutional appetite for digital assets may be returning after a prolonged period of weaker demand.
Bitcoin’s sharp price recovery, combined with strong ETF subscriptions, indicates that the latest move is being supported by both market momentum and renewed demand for regulated investment products.
Whether the trend can continue will depend on the persistence of ETF inflows, broader risk appetite and Bitcoin’s ability to hold its recent gains.
For now, the $1.92 billion weekly inflow represents a major improvement in institutional demand and gives Bitcoin’s latest recovery an important source of support.
