U.S. spot Bitcoin ETFs recorded $986.9 million in net inflows last week. This extended their positive flow streak to three consecutive weeks, highlighting a recovery in institutional investor demand.
Spot Ethereum ETFs showed a similar trend. ETH funds attracted a total of $218.4 million in net inflows last week and also finished a third straight week in positive territory.
According to SoSoValue data, weekly inflows into Bitcoin ETFs increased from $924.5 million in the previous week. Bitcoin, meanwhile, continues to trade around $80,000 despite the strong fund flows.
BlackRock led Bitcoin ETF inflows
Spot Bitcoin ETFs attracted a total of $986.9 million in fresh capital during the week ending Sept. 4. BlackRock’s IBIT led the market with $691.5 million in weekly net inflows.
This marked the third consecutive week of positive flows for U.S. spot Bitcoin ETFs. Weekly inflows increased by roughly $62 million compared with the previous week.
Trading activity, however, declined. Total weekly trading volume across Bitcoin ETFs came in at $14.5 billion.
That figure stood at nearly $19 billion a week earlier. The combination of continued inflows and lower trading volume suggests investors increased exposure during a period of relatively subdued market activity.
Ethereum ETFs attracted $218 million
Spot Ethereum ETFs also ended last week with positive flows. The funds recorded a combined $218.4 million in net inflows.
Ethereum ETFs therefore matched Bitcoin funds with a third consecutive positive week. Weekly trading volume totaled $4.1 billion.
The previous week, Ethereum ETF trading volume had reached $6.3 billion. Trading activity therefore slowed on the ETH side as well, even as net capital inflows continued.
The latest positive flows followed a strong August for both ETF categories. Spot Bitcoin ETFs attracted a total of $3.52 billion in net inflows during the month.
That marked the strongest monthly inflow figure for Bitcoin ETFs since September 2025. Spot Ethereum ETFs brought in $1.85 billion in August, their best monthly result since August 2025.
Bitcoin holds near $80,000
Despite strong ETF inflows, Bitcoin has so far shown limited price movement. BTC climbed to around $81,700 last Thursday before pulling back toward the $80,000 area.
As of Sept. 7, Bitcoin was trading at around $79,950. Continued ETF inflows are supporting expectations that institutional spot demand is strengthening.
Zeus Research analyst Dominick John said sustained ETF inflows indicate that institutional investors are rebuilding their Bitcoin exposure. According to John, demand coming directly through the spot market suggests the move is not being driven solely by leveraged speculation.
Presto Research associate Min Jung also said the crypto market appears to be experiencing a catch-up move after lagging other risk assets. Jung added that strong ETF inflows point to renewed institutional demand.
The next major test for the market will come from upcoming U.S. macroeconomic data. Investors will be watching jobless claims on Sept. 10 and U.S. inflation data on Sept. 11.
A weaker-than-expected inflation reading could support Bitcoin through expectations around Fed policy and global liquidity. A hotter inflation print, however, could push bond yields higher and increase pressure on the crypto market.
