Bitcoin and Ether ETFs Extend Inflow Streak Amid Rally

U.S. spot Bitcoin (BTC) ETFs recorded $552.8 million in inflows on Thursday, marking their fourth consecutive day of net purchases. This represents the longest streak since August 28 and ties for the longest since the seven-day run ending August 14, which coincided with Bitcoin’s surge past $123,000. Wednesday’s $757.1 million inflow was the largest single-day gain since July 16, according to SoSoValue data.

Spot Ether (ETH) ETFs are also seeing renewed inflows, posting a third straight day of net purchases after six consecutive days of outflows totaling over $1 billion.

The rally in both Bitcoin and Ether aligns with investor optimism around a potential U.S. Federal Reserve rate cut on September 17. Over the past three days, Bitcoin has climbed nearly 3.2%, trading just above $115,000, while Ether has gained about 5%, reclaiming the $4,500 level, according to CoinDesk data.