Bitcoin ETFs Near $1 Billion in Inflows Over Seven-Day Streak

US spot Bitcoin exchange traded funds have pulled in close to $1 billion over seven consecutive trading sessions, even as bitcoin’s price slipped below key levels this week.

Inflows Slow but Streak Continues

Spot Bitcoin ETFs added $68.99 million on Wednesday, bringing total inflows since July 14 to $999.38 million, according to data from SoSoValue. That figure trails April’s nine session run, which brought in $2.1 billion. Wednesday’s inflow was notably lower than Tuesday’s $203 million as bitcoin dropped below $66,000.

Bitcoin Price and Sentiment Cool Slightly

Bitcoin traded near $65,729, down about 0.3% over the past day, according to Blockto. The Crypto Fear and Greed Index slipped to 31 on Thursday from 33 the previous day, reflecting a more cautious mood among traders.

Analysts Point to Institutional Rebuilding

Analysts said the steady inflows suggest institutions are rebuilding long term bitcoin exposure through regulated ETF products. They pointed to improving macroeconomic sentiment, expectations of easier monetary policy, cooling inflation and stronger equity markets as reasons investors are returning to riskier assets.