Bitcoin ETFs attract over $2 billion in eight days
U.S. spot bitcoin ETFs have extended their streak of inflows to eight consecutive days. Over this period, the funds have attracted more than $2 billion.
According to SoSoValue, net inflows into these products reached $223.2 million on Thursday. The main driver was BlackRock’s IBIT fund, which brought in $167.5 million. Funds from Ark Invest/21Shares, Morgan Stanley, and Grayscale also recorded inflows, while Fidelity, Bitwise, and VanEck saw outflows totaling about $30 million.
According to Bitrue Research Lead Andri Fauzan Adziima, this is not random movement but a sign of accumulation by large investors. He believes the market is treating the post-2025 pullback as a buying opportunity. In his view, institutional investors increasingly see bitcoin as a core portfolio asset rather than a speculative trade.
How ETFs are impacting Bitcoin
ETF inflows are helping keep bitcoin’s price around $78,000. Over the past 30 days, the asset has risen by about 10%, though it remains well below its all-time high of around $126,000 reached in October 2025. At the same time, the market is becoming more bitcoin-centric, with BTC dominance rising above 60% for the first time this year.
Adziima believes that if ETF inflows continue or accelerate, they could create sustained demand and further reduce available supply. Combined with post-halving dynamics and ongoing ETF purchases, this could push bitcoin toward the $85,000–$90,000 range and support overall market sentiment.
However, risks remain. The market is still sensitive to macroeconomic and geopolitical developments, including tensions around Iran and the Strait of Hormuz. According to the analyst, the market is not yet in a euphoric phase — it is more mature but still heavily influenced by external factors. If inflows slow, bitcoin could retest the $74,000–$70,000 range.
When and why Bitcoin ETFs emerged
A bitcoin ETF is an exchange-traded fund that allows investors to gain exposure to bitcoin through traditional financial markets. Instead of buying and storing cryptocurrency directly, investors purchase shares of a fund that tracks bitcoin’s price. This makes access easier by removing the need to manage wallets, exchanges, or security risks.
The first U.S. spot bitcoin ETFs were approved in January 2024, although attempts to launch such products had been ongoing for nearly a decade. Their main goal is to attract institutional investors and simplify access for both large funds and retail investors. ETFs integrate bitcoin into the traditional financial system, increase liquidity, and can directly influence price through steady capital inflows.
It is also worth noting that Morgan Stanley recently launched its first bitcoin ETF.