US spot Bitcoin exchange-traded funds have recorded their sixth consecutive week of net inflows, marking a significant turnaround in institutional appetite for the leading cryptocurrency. The current streak, which spans from April 2 through May 8, has pulled in a combined $3.4 billion according to data from SoSoValue. This represents the longest consecutive run of weekly inflows since August 2025, when a seven-week period drew in approximately $7.57 billion.
The resurgence in Bitcoin ETF inflows signals renewed confidence among institutional investors despite recent market volatility. The strongest week in the current streak came during the week of April 17, when inflows reached $996.38 million. By contrast, the weakest showing occurred during the week of April 2 with just $22.34 million, while the most recent week logged $622.75 million in net inflows.
Last week’s performance revealed the underlying tension gripping markets as investors awaited critical economic data. Monday and Tuesday led strongly with $532.21 million and $467.35 million in inflows respectively, but momentum deteriorated sharply on Wednesday with only $46.33 million flowing in. The week ended on a sour note, with outflows of $277.50 million on Thursday and $145.65 million on Friday, highlighting the fragile sentiment surrounding digital assets.
Market participants entered Friday cautiously as the US April Non-Farm Payrolls report loomed on the horizon. Consensus estimates pointed to payroll growth of just 62,000, well below the previous reading of 178,000, reinforcing expectations of a cooling labor market. Bitunix analysts noted that an earlier ADP report showing 109,000 jobs had complicated the picture, leaving traders uncertain about the true state of employment heading into the official release.
See also: Bitcoin Rallies Past $80K for First Time Since January as Asian Markets Surge
Bitcoin’s price action reflected this uncertainty, with the asset slipping below $80,000 on Thursday. This follows a pattern seen in related coverage of Bitcoin rallying past $80K for the first time since January, demonstrating the volatility characterizing recent price movements. Liquidation heatmaps showed heavy liquidity clustering around $78,000, with analysts warning that a breakdown below that level could trigger cascading liquidations.
Dense short positioning between $82,000 and $83,000 kept the market stuck in a tug-of-war between bulls and bears. On the geopolitical front, although the US and Iran exchanged fire around the Strait of Hormuz, both sides continued to leave room for negotiations, according to Bitunix analysts. Reports suggested the US and Iran may have reached a partial understanding on certain maritime issues, potentially easing some geopolitical tensions that had weighed on risk assets.
The broader context for Bitcoin ETF inflows reflects institutional adoption trends documented by major cryptocurrency exchanges. The six-week streak represents a meaningful recovery from the outflow periods that characterized much of late 2025 and early 2026. Institutional investors appear to be viewing current price levels as attractive entry points despite macroeconomic headwinds.
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Ether ETFs also showed signs of recovery during the same period. After posting $82.47 million in outflows the previous week, Ether ETFs returned to positive territory for the week ending May 8 with $70.49 million in net inflows. This rebound follows a strong three-week run from April 10 to April 24, which drew in a combined $617.91 million, peaking at $275.83 million during the week of April 17.
Ether’s daily performance mirrored Bitcoin’s volatility, with Thursday seeing $103.52 million in outflows that nearly wiped out gains built earlier in the week. Monday and Tuesday attracted $61.29 million and $97.57 million in inflows respectively, before Wednesday slowed to $11.57 million. Friday’s modest $3.57 million recovery left the week positive, though the overall pattern suggested cautious positioning ahead of major economic announcements.
The sustained inflows into spot Bitcoin ETFs suggest that institutional investors remain committed to cryptocurrency exposure despite short-term price fluctuations and macroeconomic uncertainty. The six-week streak represents the most significant period of consistent institutional buying since mid-2025, potentially indicating a shift in market sentiment toward digital assets as traditional markets grapple with economic slowdown concerns.
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