Bitcoin ETFs Extend Win Streak to Nine Days, Totalling $3.08 Billion
The Bitcoin ETF market is experiencing a winning streak, marking its ninth consecutive day of net inflows on Tuesday. According to Decrypt's Bitcoin ETF tracker, U.S. spot Bitcoin ETFs took in $66.19 million, recovering Monday's losses and pushing the total amount pulled in during this run to about $3.08 billion.
The current streak began on September 17 and has edged out August's nine-day streak, which totaled roughly $3.04 billion. This marks a notable shift in sentiment, as investors had been spooked by rising interest rates and the scarcity of 'cheap money.'
On September 16, the Federal Reserve raised rates by 25 basis points to 3.75%, 4%, leading to a decline in Bitcoin prices to about $75,000. However, flows flipped on September 17 with $159.5 million, and Bitcoin quickly recovered above $80,000.
The current run still trails the 13 straight days from June 2025, but matching that would require inflows through Monday, October 5. The market observers look to ETF flows as a reliable sentiment indicator, and this shift suggests that investors are regaining confidence in Bitcoin.