Fourth Day of Inflows for Bitcoin ETFs Brings Total Gains to $550M

Bitcoin and Ether ETFs Extend Inflow Streak Amid Crypto Rally

U.S. spot Bitcoin (BTC) ETFs recorded $552.8 million in inflows on Thursday, marking their fourth straight day of net purchases. This is the longest streak since August 28 and matches the seven-day run ending August 14, which coincided with Bitcoin climbing past $123,000. Wednesday’s inflow of $757.1 million was the largest single-day gain since July 16, according to SoSoValue data.

Spot Ether (ETH) ETFs also saw gains, posting a third consecutive day of inflows following six straight days of withdrawals exceeding $1 billion.

The inflows coincide with optimism over a potential Federal Reserve rate cut on September 17, fueling rallies in both cryptocurrencies. Over the past three days, Bitcoin has risen roughly 3.2%, trading just above $115,000, while Ether has gained about 5%, reclaiming the $4,500 level, according to CoinDesk data.