Bitcoin ETFs Draw in $987M, Extending Inflow Streak to Three Weeks

U.S. spot Bitcoin ETFs attracted $986.9 million in net inflows last week, extending their streak to three weeks of positive growth.

This marks a significant increase from the previous week's $924.5 million, and BlackRock's IBIT was the leading contributor with $691.5 million.

Spot Ethereum ETFs also recorded a third consecutive positive week, adding $218.4 million in net inflows.

Analysts believe that sustained institutional demand is driving this trend, as it generates spot demand rather than leverage-led speculation.