Bitcoin ETFs achieve longest net inflow streak in nine months with sixth consecutive week
Spot Bitcoin ETFs in the United States have achieved six weeks in a row of net inflows, representing the longest consecutive streak observed since a seven-week period during the summer of 2025 that brought in $7.57 billion.
Exchange-traded funds (ETFs) tracking spot Bitcoin in the United States have achieved their sixth week in a row of net inflows, representing the longest consecutive streak observed since August 2025.
This current six-week period extends from the week beginning April 2 through the end of Friday, accumulating a total of $3.4 billion, based on information from SoSoValue. The most robust performance occurred during the middle of April, when the week of April 17 recorded inflows reaching $996.38 million, whereas the weakest performance throughout the streak was observed during the week of April 2 with merely $22.34 million. The latest week concluded with $622.75 million in inflows.
This streak represents the longest period of back-to-back net weekly inflows seen in over nine months, following a 7-week period that extended from June 13 through July 18, 2025, which accumulated approximately $7.57 billion, with $2.72 billion recorded during the week of July 11 and $2.39 billion during the subsequent week.
It's worth noting that the previous week concluded on a disappointing note, experiencing outflows totaling $277.50 million on Thursday followed by $145.65 million on Friday. The week had begun powerfully with Monday and Tuesday bringing in $532.21 million and $467.35 million respectively, but Wednesday's inflows decreased dramatically to $46.33 million before the late-week shift to outflows occurred.
Analyst notes markets remain cautious as employment data approaches
Friday saw markets approaching with caution as market participants prepared for the release of the US April Non-Farm Payrolls report, with consensus forecasts indicating payroll growth of merely 62,000, significantly lower than the prior reading of 178,000, strengthening expectations of a slowing labor market, according to Bitunix analysts in a note provided to Cointelegraph.
The analysts highlighted that a better-than-anticipated ADP report showing 109,000 jobs earlier during the week added complexity to the outlook, creating uncertainty among traders regarding the actual employment situation leading up to the official release.
On the geopolitical front, although the US and Iran have once again exchanged fire around the Strait of Hormuz, both sides continue to leave room for negotiations
Bitunix stated, further noting that emerging reports indicate the US and Iran may have achieved a partial agreement on specific maritime matters.
Within the cryptocurrency market, Bitcoin dropped beneath the $80,000 threshold on Thursday, with liquidation heatmaps revealing substantial liquidity concentration around the $78,000 level. A move below that price point could initiate cascading liquidations, whereas concentrated short positions between $82,000 and $83,000 maintain the market in a standoff, according to the analysts.
Weekly inflows of $70 million recorded for Ether ETFs
In related developments, Ether ETFs moved back into positive territory during the week ending May 8, recording $70.49 million in net inflows following the previous week's $82.47 million in outflows. This recovery comes after a solid three-week period spanning from April 10 through April 24, which accumulated a combined total of $617.91 million, reaching its highest point at $275.83 million during the week of April 17.
Looking at daily activity, Thursday experienced $103.52 million in outflows, almost erasing the gains accumulated during the earlier portion of the week. Monday and Tuesday brought in $61.29 million and $97.57 million in inflows, respectively, before Wednesday's activity decelerated to $11.57 million. Friday's modest recovery of $3.57 million ensured the week finished in positive territory.