Bitcoin ETFs Record $2.8B Inflows as Buying Momentum Slows
Bitcoin (BTC)
Editor:
Eugene Serbin
U.S. spot Bitcoin ETFs have secured $2.8 billion in net inflows over eight consecutive sessions, though daily amounts are shrinking, according to cvj.ai. BlackRock’s IBIT led the surge with $2.02 billion, or 72% of the total, while Grayscale’s GBTC continued its outflow trend, shedding $50.4 million on Wednesday alone. Bloomberg analyst Eric Balchunas described the activity as a “debasement trade,” noting that gold and Bitcoin funds drew a combined $7 billion in a record five-day period.
Algoz Technologies’ Stephen Wundke highlighted that weekly trading volume reached $90 billion, with Bitcoin accounting for nearly $40 billion of that figure. HashKey researcher Tim Sun noted that the streak signals sustained spot demand following a correction in the $60,000 to $70,000 range. However, inflows peaked at $606.3 million on August 20 and have not exceeded $340 million since, with Wednesday’s $232.2 million marking the smallest amount of the run.
Sun explained that single-day flows have limited predictive power, with a 0.4% price move for every $100 million in net inflow. He added that sustained inflows beyond five days confirm demand, even as marginal buying strength weakens. Bitcoin traded around $79,520 on Thursday, up 1.1% after touching an intraday high of $80,475. The price slip below $80,000 tests whether new capital can absorb selling pressure near the $85,000 resistance level.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 27 August 2026. Not the outlet's figures.
Whalio’s spot data shows Bitcoin trading at $79,023.75 with a 24-hour buy ratio of 49.9%, indicating a near-even split between buyers and sellers. The 1-hour buy ratio of 48.0% and the 4-hour ratio of 47.1% suggest that short-term buying pressure is slightly weaker than the daily average. Volume delta confirms this fading momentum, with negative values of -$4,773,887 over one hour and -$19,235,282 over four hours. Over the full 24-hour period, the volume delta stands at -$903,088, and the cumulative volume delta (CVD) closes at -$69,880,309. This indicates that sellers have been slightly more aggressive than buyers across the measured timeframe. Net buying occurred for only 9 of the 24 hours, reflecting a market that is not strongly trending higher despite the ETF inflows.
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.
Over the preceding week, the average buy ratio was 51.6%, making the current 24-hour ratio of 49.9% 1.7 percentage points lower than the weekly norm. Spot volume for the 24-hour period was $1,148,236,056, which is 0.54 times the average daily volume, marking this as a notably quiet trading day compared to recent history. While the weekly volume delta showed a positive total of $445,688,281, the current session’s negative delta highlights a shift in sentiment. The preceding week saw net buying on 6 of 7 days, contrasting with the mixed activity seen in the current 24-hour window. This data suggests that while the broader weekly trend remains positive, the immediate trading activity is subdued and below average volume levels.