US spot Bitcoin exchange-traded funds (ETFs) have recorded their first five-day inflow streak of 2026, attracting approximately $767.32 million this week. The funds saw $180.33 million in net inflows on Friday, continuing a positive trend that began earlier in the week. Tuesday marked the strongest day of the streak, with spot Bitcoin ETFs drawing $250.92 million, according to data from SoSoValue.
The last comparable streak occurred in late November 2025, when spot Bitcoin ETFs experienced five consecutive days of net inflows, totaling $284.61 million from November 25 to December 2. Currently, the ETFs hold $91.83 billion in net assets, with cumulative net inflows reaching $56.14 billion. Approximately $4.93 billion in total value was traded on Friday.
Ether ETFs Also See Inflows
In parallel, US spot Ether (ETH) ETFs registered $26.69 million in net inflows on Friday, extending a four-day positive flow streak. This period began on Tuesday with $12.59 million, followed by $57.01 million on wednesday and a significant $115.85 million on Thursday, which was the largest inflow during this run. The four-day stretch has added approximately $212.14 million to spot Ether ETFs, reversing earlier outflows seen in March. As of Friday, cumulative net inflows into US spot Ether ETFs stand at $11.79 billion, with total net assets reaching $12.26 billion. About $1.30 billion in value was traded on the day.
This recent activity represents the first sustained inflow trend for both spot Bitcoin and Ether ETFs this year, following a volatile start to 2026 that included several days of substantial outflows for these products.
Bitcoin Faces Range-Bound Trading Amid Geopolitical Uncertainty
Heightened tensions in the Middle East and volatility in energy markets are currently impacting global risk sentiment. Analysts at Bitunix suggest that escalating conflict near the Strait of Hormuz and elevated oil prices are increasing macro uncertainty. This, in turn, is reducing expectations for aggressive Federal Reserve rate cuts, leading investors to prioritize short-term liquidity over long-term risk exposure.
Amid this backdrop, Bitcoin is trading within a defined range. Bitunix analysts note that derivatives liquidation heatmaps indicate a significant short-liquidity cluster near $71,300, acting as immediate resistance. A larger concentration of liquidity is observed between $72,000 and $73,500.
On the downside, liquidity support is found around $69,000, with deeper long liquidation levels near $68,800. This suggests that BTC may continue to consolidate unless major macroeconomic catalysts trigger a breakout. The current market conditions highlight the sensitivity of Bitcoin to geopolitical events and broader economic policy shifts.
Our Analysis
The sustained inflows into spot Bitcoin ETFs, despite broader market uncertainty driven by geopolitical events, suggest underlying investor confidence in Bitcoin’s long-term potential. While short-term price action may remain range-bound due to macro factors, the consistent demand for these investment vehicles indicates a maturing market and increasing institutional adoption. The performance of Ether ETFs also mirrors this trend, suggesting a broader positive sentiment towards major digital assets.
Fonte: Cointelegraph
