Quick summary

  • Spot Bitcoin ETFs in the US attracted $242.3 million on August 27, extending a streak of positive inflows …

  • On the same day, the Ethereum ETF also pulled in $235 million and recorded a streak of 9 consecutive days.

  • Notably, the inflows were not only focused on BTC and ETH as the Solana ETF received $60.91 million, while the Hyperliquid ETF attracted $24.42 million.

Spot Bitcoin ETFs in the US attracted $242.3 million on August 27, extending the streak of positive inflows to 9 consecutive sessions. On the same day, the Ethereum ETF also pulled in $235 million and recorded a streak of 9 consecutive days. Notably, the inflows were not only focused on BTC and ETH as the Solana ETF received $60.91 million, while the Hyperliquid ETF attracted $24.42 million.

A consecutive streak of days: Bitcoin ETFs attract capital

Nine consecutive sessions with net inflows indicate that demand to buy BTC through traditional financial products remains stable, instead of appearing only in a few sessions when prices surge strongly.

According to data from SoSoValue, the streak of positive inflows began on August 17 with 297.5 million USD. Then, the funds continued to pull in 189.3 million USD, 517.2 million USD, 606.3 million USD, and 307.5 million USD in subsequent sessions. Specifically on August 20, inflows reached 606.3 million USD, becoming one of the strongest funding-attracting sessions during this period.

More than 2.5 billion USD into spot Bitcoin ETFs over the last 7 trading sessions as of August 27. This is the largest 7-day inflow level since October. When inflows persist across multiple sessions, it suggests investors are trending toward rebuilding positions again rather than simply chasing a strong green candle.

BlackRock is a major driver behind the capital inflows

Among Bitcoin ETF funds, BlackRock continues to play a standout role. On August 24, BlackRock’s IBIT fund attracted about 209 million USD out of the total 338 million USD inflows into Bitcoin ETFs. This indicates that most institutional capital is still focused on the product with the largest scale and liquidity in the market.

Data from SoSoValue also shows that IBIT continues to lead this inflow streak. Specifically on August 20, IBIT pulled in about 503 million USD, while total inflows into all Bitcoin ETFs reached 606.3 million USD. That means most of the buying pressure in that session came from a single product.

When institutional capital flows through ETFs, they don’t need to directly buy and custody Bitcoin like retail investors. Having BTC packaged into a familiar product within the traditional financial system helps funds, investment advisers, and large investors access it more easily.

In other words, ETFs are becoming a bridge between the Bitcoin market and traditional capital. If demand for IBIT and similar funds continues to rise, Bitcoin gains an additional source of relatively stable demand alongside trading activity on crypto exchanges.

Not just Bitcoin—capital inflows are spreading to Ethereum and altcoins

A new and noteworthy point is that the Ethereum ETF also recorded 235 million USD in inflows on August 27, marking the 9th consecutive session with positive inflows. This shows that institutional investors are not only returning to Bitcoin, but also increasing their exposure to Ethereum.

Solana và Hyperliquid too have started attracting capital inflows via ETFs, reaching 60.91 million USD and 24.42 million USD respectively on August 27. The scale is still very small compared with Bitcoin and Ethereum, but the simultaneous appearance of inflows across multiple assets is a notable signal.

Altcoin volume hits a 2-year high: Is it the first signal of an Altcoin season?

Institutional capital inflows are expanding from Bitcoin to other major crypto assets, but BTC remains the center of the story. If this trend continues in the coming weeks, new altcoins have a stronger basis to benefit more.

EmaCrypto compiles

Source: https://emacrypto.com/bitcoin-etf-hut-dong-tien-9-ngay-lien-tiep-dong-tien-to-chuc-dang-tro-lai-manh/