U.S. spot crypto exchange-traded funds posted strong gains last week, with Bitcoin and Ether products together attracting more than $1.74 billion in net inflows. The latest figures point to a broader rebound in demand after a stretch marked by slower activity and periodic outflows.

Data published by Trader T on Aug. 30 showed that spot Bitcoin ETFs brought in $924.5 million over the week, while spot Ether ETFs added $815.7 million. The near-parallel gains suggest improving sentiment across both corners of the U.S. crypto ETF market rather than a move concentrated in a single asset class.

Bitcoin funds rebound with $15.5 billion in trading volume

Spot Bitcoin ETFs recorded $924.5 million of net inflows last week, alongside total trading volume of $15.5 billion. Over the past two weeks, cumulative net inflows for the category reached $2.8 billion, according to the published data.

The recent totals indicate that allocations have accelerated following an earlier period of stagnation and occasional net outflows. Among issuers, BlackRock's IBIT was the clear leader, taking in $938.3 million, an amount described as roughly equivalent to 11,845 Bitcoin.

IBIT dominates while other Bitcoin products also add assets

Beyond IBIT, several other U.S. spot Bitcoin funds also posted positive weekly flows. Grayscale's Bitcoin Mini Trust, trading under BTC, drew $81.9 million, or about 1,034 Bitcoin, while Fidelity's FBTC added $62 million, equivalent to roughly 783 Bitcoin.

MSBT also recorded net inflows of $25.3 million, which the source data put at about 319 Bitcoin. Those additions reinforced the broader improvement in the Bitcoin ETF segment even though the biggest share of the week's intake was concentrated in BlackRock's product.

Ether ETFs bring in 88% of the Bitcoin total

U.S. spot Ether ETFs collected $815.7 million of net inflows during the same week. Trading volume for the group reached $4.9 billion, lower than the turnover seen in Bitcoin funds but still substantial by comparison.

In flow terms, the Ether category reached about 88% of the Bitcoin ETF total for the week. That relative strength stood out because it showed demand for Ether funds nearly matching the pace of inflows into the much larger Bitcoin ETF market.

BlackRock's ETHA leads and extends inflow streak

BlackRock's ETHA captured the largest portion of spot Ether ETF inflows, bringing in $567 million for the week. The source equated that figure to around 229,317 Ether, and said the fund has now posted 10 consecutive trading days of net inflows.

BlackRock's staking-focused ETHB also attracted $77.3 million, or about 31,300 Ether. Of that amount, $42.6 million came on Aug. 28 alone. On the same day, spot Ether ETFs still registered $102.2 million of net inflows even as spot Bitcoin ETFs posted net outflows, underscoring a temporary divergence between the two categories.

Next data points will show whether the momentum holds

The latest weekly figures suggest that demand for U.S. spot crypto ETFs has strengthened across both Bitcoin and Ether products after earlier softness. BlackRock led inflows in each segment, but the broader totals also reflected support from other funds.

The next confirmed step will be subsequent daily and weekly flow reports, which will show whether Bitcoin's two-week $2.8 billion inflow run continues and whether ETHA can extend its streak beyond 10 straight trading days.

Source: en.bloomingbit.io