U.S. Bitcoin ETFs Maintain Five-Week Inflow Streak

Bitcoin exchange-traded funds in the U.S. continue to attract investor attention, registering over $600 million in inflows across the past week.

Bitcoin exchange-traded funds in the U.S. attracted investors’ attention once again, posting outflows of over $600 million in the past week.

While this marks five straight weeks of net capital inflow into the BTC investment vehicles, it also marks the fifth week in a row with outflows exceeding inflows.

According to data from Farside Investors, Friday, May 16, saw the strongest single day, with spot Bitcoin ETFs pulling in $260 million in a single session.

This marked the third consecutive day of gains after mid-week withdrawals from the Union Bank N.A., BPI, and State Street Common Trust funds disrupted the flow.

BlackRock’s iShares Bitcoin Trust (IBIT) led the way with nearly $130 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) at almost $68 million, and ARK and 21Shares’ jointly managed fund (ARKB) saw just under $58 million. Grayscale’s newer offering, the Bitcoin Mini Trust, added $4.6 million.

The sustained interest comes despite a rocky start to Q2, with BTC price struggling to break free from the $26,000-$27,000 range.

However, the persistent capital inflows suggest that institutional appetite for BTC exposure remains despite the lackluster price action.

The strong inflow also follows an exceptional April, where U.S. Bitcoin ETFs posted more than $3 billion in just five days.

The last time U.S. Bitcoin ETFs crossed the $1 billion weekly mark was at the end of April, with $1.8 billion pouring in.

The sustained but tapering interest suggests that while enthusiasm hasn’t vanished, investors may be growing more cautious after several weeks of aggressive accumulation.