Bitcoin And Ether ETFs Post First Weekly Inflows After Eight-Week Outflow Streak

US spot bitcoin and ether ETFs recorded net inflows for the first time since early May, pulling in a combined $281.8 million over the five trading days ending Friday. The rebound ended the longest outflow streaks either product category has faced since launch.

Bitcoin ETFs End Record Losing Run

Spot bitcoin ETFs brought in about $197.4 million for the week, breaking an eight-week stretch that had drained roughly $8.26 billion from the funds, the longest losing run since bitcoin ETFs began trading in January 2024. The week started strong with a $265.69 million inflow on Monday, followed by outflows midweek, before Friday’s $90.44 million inflow helped close out the period. Most of Friday’s buying came from BlackRock’s IBIT, which alone took in $86.83 million.

Ether Funds Snap Matching Streak

Spot ether ETFs added roughly $84.4 million for the week, also their first positive result since early May. The funds had lost about $1.20 billion over the prior eight weeks, tying the category’s worst-ever losing streak. Wednesday was the strongest day at $70.48 million in inflows, while BlackRock’s ETHA and Fidelity’s FETH led Friday’s gains.

Recovery Remains Limited

Despite the rebound, both fund categories remain deep in negative territory for the year, with bitcoin ETFs down $5.34 billion and ether ETFs down $1.35 billion since January. Trading volume also stayed weak, with bitcoin ETF volume hitting its lowest full-week level since October 2024. Bitcoin traded near $64,100 and ether around $1,810 as of sunday morning.