US spot Bitcoin ETF inflows remained positive on Wednesday, although the pace of new investment slowed as Bitcoin struggled to hold above the $80,000 level.
US-listed spot Bitcoin exchange-traded funds recorded $232.1 million in net inflows, extending their positive streak to eight consecutive trading sessions.
Bitcoin ETF Inflows Reach $2.8 Billion in Eight Days
The latest daily inflow was around 26% lower than Tuesday’s $314.4 million, according to SoSoValue data.
It was also the smallest daily inflow recorded since Aug. 18.
Despite the slowdown, the eight-day streak has brought approximately $2.8 billion into US spot Bitcoin ETFs.
As a result, year-to-date net outflows have narrowed to around $2.03 billion.
Cumulative net inflows into the funds have now climbed to approximately $54.6 billion, while their combined net assets stand at about $98.6 billion.
Bitcoin Struggles to Hold Above $80,000
The moderation in ETF demand came as the Bitcoin price lost momentum following a brief move above $80,000 on Tuesday.
Bitcoin was trading around $78,759 at the time of publication, representing a decline of approximately 0.3% over the previous 24 hours, according to CoinGecko.
The inability to maintain the $80,000 level suggests that buyers are still facing resistance despite continued institutional inflows.
Crypto Market Sentiment Moves Further Into Greed
Although Bitcoin’s price action remained relatively subdued, broader crypto market sentiment improved.
The Crypto Fear & Greed Index rose to 71 on Thursday, up from 65 the previous day.
A reading of 71 keeps the market firmly within the “Greed” category, indicating that investor confidence has strengthened despite Bitcoin remaining below $80,000.
The rise in sentiment suggests traders continue to expect favorable market conditions even as BTC consolidates.
Ethereum ETFs Extend Their Inflow Streak
Bitcoin was not the only cryptocurrency attracting institutional capital.
US spot Ethereum ETFs also recorded their eighth consecutive trading day of positive flows.
Ether-focused funds attracted approximately $192.4 million in net inflows on Wednesday.
The continued demand highlights broader institutional interest across the cryptocurrency ETF market rather than investment being concentrated entirely in Bitcoin.
XRP ETFs Record Strongest Inflows Since January
US-listed spot XRP ETFs also recorded a notable increase in demand.
XRP funds attracted $28.1 million in net inflows on Wednesday, their strongest daily performance since Jan. 5, according to SoSoValue.
Cumulative net inflows into XRP ETFs have now reached approximately $1.62 billion.
The strong result shows that institutional demand is expanding beyond Bitcoin and Ethereum as investors increase exposure to other major crypto assets.
Institutional Crypto Demand Remains Strong
While daily Bitcoin ETF inflows have slowed, the broader trend remains positive.
Eight consecutive sessions of inflows totaling roughly $2.8 billion indicate that institutional appetite for Bitcoin exposure remains significant.
At the same time, continued inflows into Ethereum ETFs and the sharp increase in XRP ETF demand suggest that interest is spreading across the wider digital asset market.
Bitcoin’s ability to reclaim and hold above $80,000 will now be closely watched as investors assess whether strong ETF demand can translate into renewed upward price momentum.
