Crypto Market Sees Nine-Day Streak of Institutional Buying

The crypto market is experiencing a nine-day streak of institutional buying, with $477 million flowing into Bitcoin and Ethereum ETFs on Thursday.

Synched inflows indicate investors are allocating exposure to both major digital assets rather than simply rotating between them. This trend was observed in spot Bitcoin ETFs, which pulled in $242.30 million, while spot Ethereum ETFs added $235 million, marking their ninth consecutive day of inflows.

The combined weekly haul for the two categories reached a record $2.3 billion last week, with smaller crypto ETFs also joining the buying spree on Thursday. Spot Solana funds took in $60.91 million and spot Hyperliquid ETFs attracted $24.42 million.