U.S. spot bitcoin exchange-traded funds have extended their inflow streak to five straight sessions, drawing nearly $1.7 billion as institutional demand has continuedU.S. spot bitcoin exchange-traded funds have extended their inflow streak to five straight sessions, drawing nearly $1.7 billion as institutional demand has continued

Bitcoin ETFs pull in $1.7B in five-day inflow streak

2026/05/07 17:35
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

U.S. spot bitcoin exchange-traded funds have extended their inflow streak to five straight sessions, drawing nearly $1.7 billion as institutional demand has continued alongside Bitcoin’s recovery above $80,000.

Summary
  • Bitcoin ETFs have attracted nearly $1.7 billion during a five-day inflow streak led by strong demand for BlackRock’s IBIT.
  • Bitcoin price climbed back above $81,000 as easing tensions between the U.S. and Iran improved investor appetite for risk assets.

According to SoSoValue data, the group of spot bitcoin ETFs recorded $46.3 million in net inflows on Wednesday after BlackRock’s IBIT brought in $134.6 million, offsetting withdrawals from Fidelity’s FBTC and three other funds. The latest session pushed cumulative inflows during the five-day run to roughly $1.69 billion.

SoSoValue data also showed the ETFs were heading toward a sixth consecutive week of positive net flows, a stretch not seen since July 2025. 

Institutional demand has returned while Bitcoin trades between the $81,000 to $82,000 range after recovering from February lows near $62,000.

As reported by crypto.news, Bitcoin climbed back above $81,500 after briefly falling to an intraday low of $80,771 following rejection near a four-month high of $82,751, according to market data.

Investor sentiment improved after reports indicated Iran was reviewing a U.S.-backed ceasefire proposal delivered through Pakistani intermediaries. 

Reports said the memorandum included terms for restoring trade routes and reducing disruptions near the Strait of Hormuz, though discussions tied to Iran’s nuclear program were excluded from the current framework.

U.S. President Donald Trump stated that a final agreement had not yet been reached and warned military action would continue if Iran failed to comply with the proposed terms.

Oil markets remained volatile during the geopolitical developments. WTI crude futures dropped toward $93 per barrel while Brent crude fell about 1% to near $100, supporting demand for risk assets, including cryptocurrencies.

Gold and silver prices also fluctuated as investors repositioned capital across traditional safe-haven assets and digital assets. Market data showed gold rising more than 1.2% on Thursday while silver gained nearly 4%.

On the technical side, Bitcoin has continued trading inside an upward channel that has held since late March, with technical indicators still pointing to bullish momentum despite recent volatility near the $82,000 level. 

Market analysts suggest the next resistance area sits around $84,000 to $85,000, while $80,000 remains an important support zone for traders.

Market Opportunity
United Stables Logo
United Stables Price(U)
$0.9999
$0.9999$0.9999
-0.02%
USD
United Stables (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Starter Gold Rush: Win $2,500!

Starter Gold Rush: Win $2,500!Starter Gold Rush: Win $2,500!

Start your first trade & capture every Alpha move