May 9, 2026
GstechZone
Cryptos

Spot Bitcoin ETFs Log sixth Straight Week of Internet Inflows for First Time Since August


US spot Bitcoin exchange-traded funds (ETFs) have recorded a sixth consecutive week of internet inflows, marking the longest such streak since August 2025.

The present six-week run stretches from the week of April 2 via Friday, pulling in a mixed $3.4 billion, according to knowledge from SoSoValue. The strongest week got here in mid-April, when inflows hit $996.38 million for the week of April 17, whereas the streak’s weakest displaying was the week of April 2 with simply $22.34 million. The latest week logged $622.75 million.

The run marks the longest streak of consecutive internet weekly inflows in additional than 9 months, when a 7-week ran from June 13 to July 18, 2025, drew in roughly $7.57 billion, together with $2.72 billion for the week of July 11 and $2.39 billion the next week.

Bitcoin ETFs weekly inflows. Supply: SoSoValue

Notably, final week ended on a bitter word, with outflows of $277.50 million on Thursday and $145.65 million on Friday. Monday and Tuesday had led the week strongly, pulling in $532.21 million and $467.35 million respectively, earlier than Wednesday’s inflows slowed sharply to $46.33 million forward of the late-week reversal.

Associated: Bitcoin ETFs Extend Rally as Two-Day Inflows Near $1 Billion

Markets on edge as jobs knowledge looms: Analyst

Markets entered Friday cautiously as traders braced for the US April Non-Farm Payrolls report, with consensus estimates pointing to payroll development of simply 62,000, nicely under the earlier studying of 178,000, reinforcing expectations of a cooling labor market, Bitunix analysts wrote in a word shared with Cointelegraph.

The analysts famous {that a} stronger-than-expected ADP report of 109,000 jobs earlier within the week difficult the image, leaving merchants unsure concerning the true state of employment heading into the discharge.

“On the geopolitical entrance, though the US and Iran have as soon as once more exchanged fireplace across the Strait of Hormuz, either side proceed to depart room for negotiations,” Bitunix wrote, including that experiences counsel the US and Iran could have reached a partial understanding on sure maritime points.

In crypto, Bitcoin slipped under $80,000 on Thursday, with liquidation heatmaps displaying heavy liquidity clustering round $78,000. A breakdown under that stage may set off cascading liquidations, whereas dense quick positioning between $82,000 and $83,000 retains the market caught in a tug-of-war, the analysts wrote.

Associated: Bitcoin Slips Below $80K As Spot ETF Inflows Top $1B

Ether ETFs publish $70 million in weekly inflows

In the meantime, Ether ETFs returned to optimistic territory for the week ending Could 8, posting $70.49 million in internet inflows after the earlier week logged $82.47 million in outflows. The rebound follows a robust three-week run from April 10 to April 24, which drew in a mixed $617.91 million, peaking at $275.83 million the week of April 17.

Each day, Thursday noticed $103.52 million in outflows, practically wiping out beneficial properties constructed earlier within the week. Monday and Tuesday attracted $61.29 million and $97.57 million in inflows, respectively, earlier than Wednesday slowed to $11.57 million. Friday’s $3.57 million restoration left the week optimistic.

Journal: Guide to the top and emerging global crypto hubs — Mid-2026



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