U.S. spot Bitcoin ETFs recorded a major comeback last week, attracting $1.92 billion in net inflows as Bitcoin rallied sharply and briefly moved above the $78,000 level.
The weekly total marked the strongest performance for spot Bitcoin exchange-traded funds since October 2025, signaling renewed investor interest after several months of inconsistent capital flows.
Bitcoin ETFs Attract Nearly $2 Billion
According to data from SoSoValue, U.S. spot Bitcoin ETFs generated $1.92 billion in net inflows during the week ending Friday.
The figure represented their best weekly result in almost 10 months.
ETF analyst Nate Geraci also noted that spot Ethereum ETFs attracted approximately $700 million during the same period.
Both Bitcoin and Ether ETFs therefore posted their strongest weekly inflows since October 2025.
Bitcoin Price Rally Boosts ETF Demand
The return of strong ETF demand coincided with a powerful recovery in the Bitcoin price.
Bitcoin gained more than 20% over the week, rising from around $63,000 at the start of the period to briefly above $79,000 on Friday, according to CoinGecko data.
The strong rebound appears to have improved market sentiment and encouraged investors to increase their exposure through regulated ETF products.
Bitcoin ETFs Still Record Net Outflows in 2026
Despite last week’s impressive inflows, U.S. spot Bitcoin ETFs remain in negative territory for the year.
The funds have recorded approximately $2.91 billion in net outflows during 2026.
June was particularly difficult, with Bitcoin ETFs experiencing about $4.51 billion in net withdrawals.
That followed another $2.43 billion in outflows during May.
August, however, has delivered a significant improvement.
Through Friday, Bitcoin ETFs had attracted approximately $2.38 billion in net inflows, making August the strongest month for ETF demand so far in 2026.
Previous Major ETF Inflow Wave Came in October 2025
The last comparable period of strong demand occurred in October 2025.
Bitcoin ETFs attracted approximately $3.42 billion in inflows during that month.
However, those inflows came shortly before the major crypto market selloff on October 10.
That event triggered one of the largest liquidation waves in cryptocurrency history, eliminating roughly $19 billion in leveraged positions within 24 hours.
Bitcoin was trading close to $124,700 on October 6, but has since declined by approximately 38%.
The sharp pullback highlights how quickly crypto market conditions can change, even during periods of strong institutional demand.
BlackRock IBIT Leads Bitcoin ETF Inflows
BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for a large portion of last week’s ETF recovery.
According to data from Farside Investors, IBIT attracted approximately $1.33 billion in net inflows across five consecutive trading sessions.
Daily inflows increased from around $160.2 million on Monday to $503 million on Thursday.
The fund then recorded another $239.3 million in inflows on Friday.
This consistent demand made IBIT one of the biggest contributors to the wider Bitcoin ETF inflow surge.
Bloomberg Analyst Spots Bullish IBIT Flow Pattern
Bloomberg ETF analyst Eric Balchunas also highlighted the recent pattern in IBIT’s daily fund flows.
He described the formation as a potentially bullish signal, pointing to the sharp increase in capital entering the fund during the middle of the week.
While ETF inflows do not guarantee further gains in Bitcoin, sustained institutional demand can provide an important source of buying pressure for the cryptocurrency market.
Bitcoin ETF Demand Returns as Market Sentiment Improves
The $1.92 billion weekly inflow suggests that investors may be returning to Bitcoin ETFs after a difficult period earlier in the year.
With Bitcoin recovering sharply and BlackRock’s IBIT attracting substantial capital, institutional demand could once again become an important factor influencing Bitcoin’s next major move.
However, despite the strong August recovery, Bitcoin ETFs still need additional inflows to offset the sizeable net withdrawals recorded earlier in 2026.
