How Strong Is the Latest Bitcoin ETF Inflow Streak?
US spot Bitcoin exchange-traded funds have recorded 6 straight weeks of net inflows, the longest weekly run since August 2025, as institutional demand for bitcoin exposure continues despite late-week volatility.
The current streak runs from the week of April 2 through Friday and has brought in a combined $3.4 billion, according to SoSoValue data. The strongest week came in mid-April, when inflows reached $996.38 million for the week of April 17. The weakest week was the opening week of the streak, with $22.34 million in net inflows.
The latest week added $622.75 million, extending the run even after flows turned negative on Thursday and Friday. That uneven finish suggests demand remains intact, but investors are becoming more sensitive to macro data and near-term bitcoin price levels.
Why Did ETF Momentum Fade Late in the Week?
The week began strongly, with Bitcoin ETFs pulling in $532.21 million on Monday and $467.35 million on Tuesday. Momentum slowed on Wednesday, when inflows fell to $46.33 million, before the funds recorded $277.50 million in outflows on Thursday and another $145.65 million on Friday.
The reversal came as investors awaited the US April Non-Farm Payrolls report. Consensus estimates pointed to payroll growth of 62,000, sharply below the prior reading of 178,000, increasing focus on whether the labor market is cooling fast enough to affect Federal Reserve policy expectations.
Bitunix analysts said a stronger ADP private payrolls reading of 109,000 earlier in the week complicated the setup, leaving traders uncertain about the direction of official jobs data. They also cited geopolitical risks around the Strait of Hormuz, where the US and Iran exchanged fire while still leaving room for negotiations.
Investor Takeaway
What Does Bitcoin’s Price Action Show?
Bitcoin slipped below $80,000 on Thursday as traders watched key liquidity zones. Bitunix analysts said liquidation heatmaps showed heavy liquidity clustered around $78,000, warning that a break below that level could trigger forced selling.
At the same time, dense short positioning between $82,000 and $83,000 has kept the market locked in a narrow range. A move above that area could pressure short sellers, while a break below $78,000 would raise the risk of sharper downside.
The ETF streak therefore sits against a more fragile trading backdrop. Weekly inflows confirm continued allocation into spot products, but bitcoin’s near-term direction depends on whether buyers can defend key support and absorb macro-driven selling.
Investor Takeaway
How Are Ether ETFs Performing?
Ether ETFs also returned to positive territory, posting $70.49 million in net inflows for the week ending May 8 after $82.47 million in outflows the prior week.
The rebound follows a stronger 3-week run from April 10 to April 24, when Ether ETFs attracted $617.91 million in combined inflows, peaking at $275.83 million during the week of April 17.
Daily flows were volatile. Monday and Tuesday brought in $61.29 million and $97.57 million, while Wednesday slowed to $11.57 million. Thursday’s $103.52 million outflow nearly erased the weekly gains before Friday’s $3.57 million recovery left the week positive.
The contrast between Bitcoin and Ether ETF flows shows that institutional demand for crypto exposure remains active, but allocation is still uneven and vulnerable to broader market conditions.
