US Spot Bitcoin ETFs Record Consecutive Inflows as BTC Near $66K
U.S. spot Bitcoin exchange‑traded funds have logged two straight weeks of net inflows after an eight‑week outflow streak that drained more than $8 billion. Data from SoSoValue and other providers show $75.7 million entered the funds in the most recent week and $197.4 million the week before, totaling roughly $273 million of fresh capital. Individual fund reports note that BlackRock’s iShares Bitcoin Trust (IBIT) alone attracted about $80 million of the recent flow, underscoring the concentration of demand in a single product.
The inflow surge coincides with Bitcoin trading above $65,000, hovering around $66,000. Analysts view the $68,000 level as a key resistance barrier, while some see the price recovery as tentative because inflows, though positive, remain modest relative to the $8.2 billion withdrawn in the prior eight‑week period. Ethereum spot ETFs have recorded smaller inflows of roughly $38 million, and stablecoin (USDC) outflows continue, indicating mixed liquidity trends across the crypto market.
Overall, the renewed ETF buying signals a modest return of institutional capital but does not yet constitute a decisive market reversal.