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QUICK SPARK: $477M Flows Into Bitcoin, Ethereum ETFs as 9-Day Crypto Buying Streak Rolls On

By Exbasi Intelligence
Sourced from Benzinga
QUICK SPARK: $477M Flows Into Bitcoin, Ethereum ETFs as 9-Day Crypto Buying Streak Rolls On
pulled in $242.30 million on Thursday, extending their inflow streak to nine consecutive trading days. Spot Ethereum ETFs moved in near-perfect sync, adding $235 million for their own ninth straight day of inflows, according to BeInCrypto.The two categories attracted a combined $2.3 billion last week, their biggest weekly haul since October, suggesting institutions are adding exposure across both major crypto assets rather than simply rotating between them.Smaller crypto ETFs also joined the buying spree on Thursday, with spot Solana funds taking in $60.91 million and spot Hyperliquid ETFs attracting $24.42 million.Bitcoin traded near $80,000, while Ether hovered around $2,480. Total net assets in spot Bitcoin ETFs stood at $79.16 billion, with category trading volume reaching $8.23 billion, according to CoinGlass.QUICK CONTEXT: Crypto ETF Demand Broadens AgainThe latest inflows extend a notable stretch of institutional demand for crypto ETFs. BlackRock’s iShares Bitcoin Trust ) alone accounted for $209 million of the $338 million that flowed into spot Bitcoin ETFs on Aug. 24, while its iShares Ethereum Trust ) attracted $90.92 million of that day’s $116 million in Ethereum ETF inflows.The synchronized nine-day streak is particularly notable because Bitcoin and Ether funds are attracting capital simultaneously. That points to broader crypto allocation rather than a simple trade-off between the two largest digital assets.The buying is also spreading further down the crypto market. While Solana and Hyperliquid ETFs remain much smaller than their Bitcoin and Ether counterparts, their Aug. 27 inflows suggest investors are beginning to widen their ETF-based crypto exposure.For now, the scoreboard is simple: nine straight days, two major crypto ETF categories and billions of dollars in fresh institutional demand.Photo: Shutterstock

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