Last week, Bitcoin exchange-traded funds (ETFs) in the US experienced a significant inflow of nearly $1 billion, reflecting a rebound in institutional interest. This surge in demand has kept Bitcoin close to the $80,000 mark.
According to SoSoValue data, the week ending September 4 saw spot Bitcoin ETFs collect $986.9 million in net inflows, marking the third consecutive week of positive growth. This amount surpassed the $924.5 million gathered in the previous week.
US spot Bitcoin ETF inflows (Source: SoSoValue)
Leading the latest influx was BlackRock’s IBIT, which attracted $691.5 million, accounting for approximately 70% of the total inflow for the week. However, trading activity for Bitcoin ETFs decreased, with volumes dipping to $14.5 billion from nearly $19 billion the prior week.
Meanwhile, Ethereum funds maintained an upward trajectory. US spot Ether ETFs secured $218.4 million, marking three successive weeks of positive inflows. Nevertheless, trading volume fell to $4.1 billion from $6.3 billion.
In total, the two predominant crypto ETF categories together attracted over $1.2 billion in the past week.
Crypto Market Resilient Amid Economic Concerns
The recent inflows follow a particularly strong performance in August, where Bitcoin ETFs saw inflows of $3.52 billion, the best monthly performance since September 2025. Ethereum ETFs also had a robust month, drawing in $1.85 billion, their highest since August 2025.
Recent BTC price trends (Source: CoinCodex)
Despite the influx of institutional buying, price movements have been relatively stable. Bitcoin was quoted around $79,530 on Monday, showing a 1.73% increase over the past week, after a peak of approximately $81,700 last Thursday. Ethereum traded at about $2,495.57, with a notable 2.26% gain over the week.
ETH price trends from the last week (Source: CoinCodex)
The upcoming US inflation data might pose a significant challenge for the crypto market. Strong employment figures from August have heightened market expectations for another interest rate hike by the Federal Reserve, with analysts estimating a 57%-58% likelihood of an increase during the September meeting.
The CPI report for August, set to be released on September 11, is critical. A stronger-than-expected inflation figure could exert downward pressure on Bitcoin and other risk assets due to rising rate expectations, while softer data might catalyze further growth in the crypto market.