Bitcoin and Ether ETFs Continue Multi-Day Inflow Streak
U.S. spot Bitcoin (BTC) ETFs saw $552.8 million in inflows on Thursday, marking their fourth consecutive day of net purchases. This is the longest streak since August 28 and matches the previous seven-day run ending August 14, which coincided with Bitcoin’s climb 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 recorded gains, posting a third straight day of inflows following six consecutive days of withdrawals totaling more than $1 billion.
Both Bitcoin and Ether benefited from optimism around a potential Federal Reserve interest-rate cut on September 17. Over the past three days, Bitcoin has risen roughly 3.2% to trade just above $115,000, while Ether has gained around 5%, reclaiming the $4,500 level, according to CoinDesk data.
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