The U.S. spot Bitcoin ETF (exchange-traded fund) recorded capital inflows for five consecutive days for the first time in 2026. This good form of flow comes as a relief after a turbulent start to the year for BTC and the broader cryptocurrency market.
While the top cryptocurrency still appears to be struggling in terms of price action, demand conditions, especially in the US, appear to be steadily improving. According to the latest market data, Bitcoin ETFs recorded net inflows of approximately $767.32 million last week.
US Bitcoin ETF hit $767 million last week
On Friday, March 13, US-based Bitcoin exchange-traded funds recorded total net inflows of $180.33 million. The latest capital inflows were the fifth day in a row that began earlier this week and the longest so far this year.
Recent market data shows that BlackRock’s Bitcoin Trust (with the symbol IBIT) accounted for the majority of total net inflows on Friday (about $143.59 million). Subsequently, on this day, Fidelity Wise Origin Bitcoin Fund (FBTC) donated $23.24 million.
VanEck Bitcoin ETF (HODL), Bitwise Bitcoin ETF (BITB), and Ark 21Shares Bitcoin ETF (ARKB) (adding value of $8.05 million, $3.09 million, and $2.36 million, respectively) were the only other Bitcoin ETFs to record activity on Friday. Interestingly, this Friday’s performance pales in comparison to the total net inflow of $250.92 seen on Tuesday March 10th.
As mentioned earlier, these daily performances brought the exchange-traded fund’s weekly record to approximately $767.32 million. This week’s performance marks the third consecutive week of positive inflows for US-based Bitcoin ETFs.
Source: SoSoValue
BTC-related investment products recorded total net inflows of more than $568 million last week, according to SoSoValue data. Meanwhile, exchange-traded funds added more than $787 million in value in the last week of February.
Bitcoin Price Overview
Although demand for spot Bitcoin ETFs has grown in recent weeks, there has been no corresponding rise in the value of the top cryptocurrency over the same period. More specifically, BTC price has been rejected near the $74,000 resistance level twice in the past two weeks.
As of this writing, the BTC price is around $70,748, with no significant movement over the past 24 hours. The flagship cryptocurrency is up nearly 5% over the past seven days, according to data from CoinGecko.
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image of DALL-E, TradingView chart
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