Bitcoin spot ETFs recorded $854 million in net inflows during the week ended August 7, extending a five-week streak of consecutive inflows. Ethereum spot ETFs took in $245 million over the same period.
The figures come from weekly flow data tracking US-listed spot ETFs for major cryptocurrencies. Bitcoin's inflow magnitude has outpaced Ethereum by roughly 3.5 times during this rally phase. Both products have now sustained positive net capital entry across five consecutive reporting weeks.
Bitcoin spot ETFs launched in January 2024 and became among the fastest-adopted new ETF products in US history, drawing over $20 billion in net inflows in their first six months. Ethereum spot ETFs followed in July 2024 and have accumulated roughly $10 billion in net inflows since inception, according to fund flow tracking services. The current five-week inflow streak for both products aligns with a period of cryptocurrency price strength across major digital assets.
Solidity of inflows varies by week. In the prior week, Bitcoin spot ETFs recorded approximately $700 million in net inflows, while Ethereum pulled in roughly $150 million. The August 3-7 week represents one of the stronger weeks for Bitcoin inflows in the current streak, while Ethereum's $245 million intake falls in the middle range of recent weekly performance.
The broader ETF space includes spot products for Solana, XRP and other cryptocurrencies, though these newer products command smaller asset bases and lower trading volumes than Bitcoin and Ethereum equivalents. Spot ETFs for smaller cryptocurrencies have experienced more volatile week-to-week flows.
Flow data is reported by fund administrators and custodians on a weekly basis and serves as the primary metric by which market participants assess institutional or broad-based retail appetite for cryptocurrency exposure via regulated US products. Five consecutive weeks of inflows for both Bitcoin and Ethereum spot ETFs has not occurred consistently since the products' launches.
A continuation of inflows into both Bitcoin and Ethereum spot ETFs beyond the current week would extend the streak to six consecutive weeks, a threshold that would place it among the longer sustained inflow periods for these products since their debuts.
