Bitcoin, Ethereum Spot ETFs Extend Inflow Streak to Nine Days

Bitcoin and Ethereum spot ETFs continue their streak of consecutive trading days with net inflows. On August 27, Bitcoin (BTC) exchange-traded funds added $242.30 million in net inflows, while Ethereum (ETH) saw $235 million in net inflows.

This marks the ninth straight day for both categories, following a period of heavy institutional buying. BlackRock's iShares Bitcoin Trust (IBIT) contributed significantly to these gains on August 24, adding $209 million to the total influx of $338 million into Bitcoin ETFs that day.

Bitcoin and Ether funds have been moving in lockstep, with institutions building positions across both assets rather than rotating between them. The combined net inflows for both categories reached $2.3 billion last week, their biggest week since October.