Spot crypto ETFs draw $866M as bitcoin grinds back toward $80K

In digital assets, investor demand for spot‑based crypto ETFs remains robust. Data provider InflowScan reports that spot products holding bitcoin, ether and other major coins attracted a combined $866 million in net inflows over the latest week, even as price action turned more subdued. Bitcoin ended the period up 2.6% at $79,675, edging back toward the psychologically important $80,000 mark.

BlackRock’s iShares Bitcoin Trust (ticker: IBIT) dominated the flows, pulling in about $542 million and accounting for the bulk of weekly demand. By contrast, leveraged Solana‑linked ETFs such as SOLT and SOLZ saw meaningful outflows, underscoring how quickly sentiment can swing in more speculative corners of the market.

The relationship between prices and ETF flows was cleanest in bitcoin and XRP, where inflows coincided with modest gains. Ether was an outlier: roughly $138 million moved into spot ETH funds, yet the token’s price response was muted, suggesting that spot‑market selling is offsetting some of the ETF‑driven buying. With ETFs providing an easy on‑ramp through traditional brokerage accounts, off‑chain capital continues to seep into crypto, a dynamic many analysts still view as a structural tailwind for the asset class.