A record $1.92 billion flowed into US spot Bitcoin exchange-traded funds (ETFs) during the week ending Friday, marking the strongest weekly performance for such products in nearly 10 months. The inflows coincided with a 20% surge in Bitcoin’s price, according to data from SoSoValue, while spot Ether ETFs also attracted $700 million in net inflows—their strongest weekly performance since October 2025.
The rally followed a period of volatility, including a crypto market crash on 10 October that saw $19 billion in leveraged positions liquidated within 24 hours. Despite the recent inflows, Bitcoin ETFs remain in the red for 2026, with $2.91 billion in net outflows year-to-date. This contrasts with a $3.42 billion inflow wave in October 2025.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the charge, recording $1.33 billion in net inflows last week. Daily inflows peaked at $503 million on Thursday, according to Farside Investors. Analyst Nate Geraci noted that Bitcoin and Ether funds each posted their strongest weekly inflows since October 2025, adding that the surge reflected renewed investor confidence.
Bloomberg ETF analyst Eric Balchunas highlighted a “Flipping the Bird pattern” in IBIT’s trading activity as a bullish signal, though he cautioned that short-term gains do not guarantee sustained performance. The ETFs’ year-to-date outflows underscore ongoing challenges in attracting long-term capital despite periodic inflow spikes.
Written by Oliver Grant
Markets Desk
