Bitcoin ETF inflows drop 81% from peak despite $2.8B six-day streak

US spot Bitcoin ETF inflows cooled sharply on Thursday, with the funds pulling in roughly $191 million even as their six-day winning streak pushed total inflows past $2.8 billion. The slowdown comes after a blistering start to the week, when Bitcoin climbed toward multi-month highs and institutional money showed renewed interest in regulated crypto products.

Key takeaways

• US spot Bitcoin ETFs added about $191 million in net inflows on Thursday, extending a six-session streak to more than $2.8 billion, according to SoSoValue data.
• Daily inflows have fallen for three straight sessions after peaking at $999 million on Monday, a drop of 81% by Thursday.
• BlackRock’s iShares Bitcoin Trust (IBIT) brought in about $163 million on Thursday and roughly $1.35 billion across the six-day run, nearly half of the total.
• Bitcoin retreated from above $87,000 to $83,807 at publication, still up about 8% over the past seven days.
• Year-to-date ETF inflows turned positive at around $787 million, reversing a $5.5 billion deficit recorded at the end of June.

US Spot Bitcoin ETFs See $191 Million Inflows Amid Six-Day $2.8 Billion Streak

Spot Bitcoin ETFs listed in the United States extended their inflow streak to six consecutive trading sessions on Thursday, adding about $191 million and lifting the cumulative total past $2.8 billion, based on figures compiled by SoSoValue. It’s the kind of run that tends to draw attention on trading desks, even when the daily numbers themselves are shrinking.