US-listed cryptocurrency exchange-traded funds ended the week on a positive note on Friday, August 7, with spot Bitcoin ETFs attracting approximately $102 million in net inflows and spot Ethereum ETFs adding roughly $50 million, extending a recovery in institutional demand following the weakness seen at the end of July.
Bitcoin’s Friday inflow completed five consecutive trading sessions of positive flows, taking the category’s weekly net inflows above $750 million. The streak represents a notable reversal after investors pulled hundreds of millions of dollars from Bitcoin funds during the final sessions of July.
Ethereum ETFs also remained firmly in positive territory on Friday. The approximately $50 million entering spot Ether products reinforced signs that institutional demand for ETH has stabilized following a period of more volatile flows.
The contrast was particularly visible further down the crypto ETF market. US Solana and XRP ETFs both recorded zero net flows on August 7, leaving the day’s institutional activity concentrated almost entirely in Bitcoin and Ethereum products.
Bitcoin ETFs Finish Strong Week With Fifth Straight Inflow
Friday’s $102 million Bitcoin ETF inflow was smaller than some of the stronger sessions earlier in the week, but its significance came from the consistency of demand.
The five-session streak lifted weekly inflows past $750 million, demonstrating that institutional investors continued adding exposure even after Bitcoin’s recent correction.
BlackRock’s iShares Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Fund, ARK 21Shares Bitcoin ETF and Grayscale’s Bitcoin products were among the funds contributing to the positive flow environment during the session, according to ETF flow reports.
Bitcoin itself traded around $64,930 late Friday, approximately 0.3% higher over the preceding 24 hours. The cryptocurrency reached a new August high during the session as equities also strengthened following US labor-market data that reinforced expectations for easier monetary conditions.
The combination of improving prices and sustained ETF creations is important because ETF demand translates into underlying Bitcoin purchases as authorized participants create new fund shares. Persistent inflows can therefore absorb available supply and provide structural support even when broader crypto trading activity remains subdued.
Ethereum Participates While Altcoin ETFs Stall
Ethereum’s roughly $50 million Friday inflow showed that the week’s institutional recovery was not limited to Bitcoin.
Ether ETFs have become an increasingly important component of the US digital-asset investment market, particularly as investors gain access to a wider range of regulated crypto products. Friday’s flows indicate that institutional investors continued allocating to both of the market’s two largest assets rather than rotating exclusively into Bitcoin.
The absence of flows into Solana and XRP products offered a sharp contrast. Both categories reported $0 in net flows on August 7. Solana ETFs had already experienced several consecutive sessions without primary-market activity earlier in the week, following an $18.1 million outflow from Bitwise’s BSOL on July 28.
The divergence illustrates how institutional demand remains concentrated. The expansion of the US crypto ETF market has given investors access to an increasingly broad range of digital assets, but availability has not automatically translated into equal capital allocation.
For the week ending August 7, Bitcoin remained the clear beneficiary. More than $750 million of weekly net inflows, capped by another $102 million on Friday, indicate that investors used the recent market weakness to rebuild exposure.
Ethereum’s additional $50 million reinforces the broader improvement in institutional sentiment, while the lack of activity in Solana and XRP products shows that demand remains selective.
With Bitcoin ending Friday near $65,000 and ETF flows positive throughout the entire trading week, the August 7 data provide one of the clearest signals yet that institutional demand has recovered from the late-July selloff.
