Bitcoin and gold ETFs draw record $7 billion in five days
Bitcoin (BTC)
Editor:
Eugene Serbin
Bitcoin and gold ETFs recorded a combined $7 billion inflow over five US trading sessions, marking a record haul for the pair. bitcoinethereumnews.com reports that SPDR Gold Shares (GLD) attracted approximately $3.4 billion, while BlackRock’s iShares Bitcoin Trust (IBIT) drew roughly $1.5 billion. These two funds accounted for about 70% of the combined inflow, with GLD managing over $150 billion and IBIT holding around $60 billion. Bloomberg Intelligence analyst Eric Balchunas noted the five-day total was a record, with IBIT’s year-to-date flows returning to positive territory.
The surge coincided with Bitcoin breaking above $80,000 and gold trading above $4,600 an ounce. Investors focused on US debt strains and a softer dollar, aided by the Treasury’s August 19 decision to double liquidity-support buybacks to $4 billion per operation. Bitwise Chief Investment Officer Matt Hougan stated that a 60/40 portfolio is 100% exposed to fiat currency, driving demand for diversification.
Strive CEO Matt Cole described the shift as dollar debasement expanding the pool of capital searching for limited-supply assets. Bernstein expects policymakers to favor currency debasement over fiscal restraint, strengthening the case for assets with constrained supply. ByteTree founder Charlie Morris highlighted that both assets have positively sloping 200-day moving averages and strong bullish scores.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 28 August 2026. Not the outlet's figures.
BTC is currently trading at $80,249.58 with a 1-hour buy ratio of 56.2%, indicating immediate buying pressure. This short-term activity contrasts with the 4-hour buy ratio of 50.1% and the 24-hour ratio of 45.2%, suggesting that buying intensity is fading over longer timeframes. The 1-hour volume delta is positive at +$14,786,394, showing net buying in the immediate term. However, the 24-hour volume delta is negative at -$123,102,218, indicating that net selling has dominated the full day. The Cumulative Volume Delta (CVD) for the 24-hour close stands at -$94,617,260, confirming that sellers have outweighed buyers over the last day. Only 6 of the last 24 hours saw net buying, highlighting a predominantly bearish flow profile recently.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
The current 24-hour buy ratio of 45.2% is lower than the 7-day average of 51.1%, representing a 5.8 percentage point drop from the weekly norm. Spot volume over the last day was $1,297,370,375, which is 0.65x the average, indicating significantly reduced trading activity compared to the preceding week. While the 8-day volume delta was positive at +$171,556,665, today’s negative delta marks a shift from the previous week’s net buying trend. This day is unusual for being below average in both buy ratio and volume compared to the weekly baseline. The coin has risen 9.9% over the past 8 days, but today’s metrics show a clear deceleration in buying momentum.