Bitcoin ETF inflows top $1bn in three days but lag rally-era pace
US-listed bitcoin exchange-traded funds have taken in more than $1 billion in investor money this week, according to SoSoValue data, a sign that institutional demand for the cryptocurrency is improving after a volatile stretch.
The pace, however, remains short of what has historically preceded steep rallies. Vikram Subburaj, chief executive of India-based exchange Giottus, said in an email that institutional demand shows tentative improvement but that flows remain volatile and sustained inflows are needed to confirm a stronger recovery.
Past uptrends offer a comparison. Since the funds launched in January 2024, bitcoin has had three stretches in which it gained more than 50% without falling more than 20% from its high along the way. Across those 199 trading days, the funds took in $46.7 billion, an average of about $235 million a day, with 39 days of $500 million or more and six of $1 billion or more.
Since July 1, bitcoin has gained 39% while the funds averaged about $86 million a day, with seven days of $500 million or more and no day above $1 billion. On that record, a steep run higher would require a steadier pace of inflows, though demand through futures or direct spot purchases can also lift prices.
The source material also cited diversified real-world-asset stablecoins sustaining yields of 5-7% from real credit as crypto funding compresses to around 4%, with the GENIUS framework pushing yield off-chain and the addressable market growing to $4 billion over three years. Those figures were not attributed to a named source.
