Institutional investors showed strong resilience even as spot prices across crypto exchanges took a hit. When Bitcoin briefly slipped below $79,000 during Friday trading, capital inflows into ETF products continued uninterrupted.
US spot Bitcoin ETFs attracted $986.9 million in net inflows for the week ending Friday, according to data compiled by SoSoValue and Farside Investors. That weekly influx brought the three-week cumulative total to $3.8 billion - the strongest inflow streak recorded in 2026.
Dominance of Two Key Players
Despite the strong weekly tally, daily momentum slowed significantly heading into the weekend. Inflows on Friday stood at just $174.6 million, down sharply from $731 million logged the previous day.
The most notable detail from the lower figure was who captured the remaining capital. BlackRock’s IBIT pulled in $117.4 million on Friday, accounting for 67% of the total daily inflows. The remaining $57.2 million was absorbed entirely by Fidelity’s FBTC.
All other US spot Bitcoin ETF products failed to record new inflows, posting zero net flows on the day.
The divergence in demand was also evident across asset classes. On a weekly basis, inflows into Bitcoin ETFs grew by around 7%, but alternative crypto assets moved in the opposite direction. Inflows into Ether ETFs tumbled 74%, while XRP ETFs plunged 83% over the same period.
Offsetting Early-Year Outflows
The three-week streak of positive inflows marks an important shift in momentum. Year-to-date, net flows across all US spot Bitcoin ETF products still face an aggregate deficit of roughly $1 billion.
Substantial outflows in early 2026 contributed to that deficit. The recent surge in institutional demand serves as a counterbalance to first-quarter losses that previously dampened market sentiment.
The trajectory for Bitcoin ETFs contrasts with other major crypto ETFs. Spot Ether ETFs have consistently generated positive inflows totaling $863 million year-to-date without facing heavy sell pressure. A similar pattern was seen with XRP ETFs, which secured $515 million in fresh capital over the same timeframe.
For market observers, the divergence between spot prices and fund flows underscores a key dynamic: institutional investors are operating on their own accumulation schedules, looking past short-term price volatility. Source: Cointelegraph.
Read also: What Is Bitcoin Halving?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
