Bitcoin ETFs See $2.8B Inflows as BTC Tests $80K
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Bitcoin traded near $79,520 on Thursday after an intraday high of $80,475, extending a streak of eight consecutive sessions with net inflows totaling $2.8 billion. BlackRock’s IBIT led the surge with $2.02 billion, representing 72% of the total, while Grayscale’s GBTC shed $50.4 million on Wednesday alone. Cumulative net inflows for the category now stand at $54.7 billion, with IBIT drawing $63.1 billion against GBTC’s $27.6 billion bleed.
Bloomberg analyst Eric Balchunas noted that gold and Bitcoin funds combined for $7 billion in flows over the past week, a record for a five-day period driven by a debasement trade. He highlighted that IBIT’s year-to-date flows have turned positive after a long period in the red. Stephen Wundke of Algoz Technologies stated that weekly trading volume topped $90 billion, with Bitcoin accounting for just under $40 billion.
Tim Sun of HashKey cautioned that single-day ETF flows have limited predictive power, showing a correlation coefficient of roughly 0.4 for every $100 million in net inflow. Sun described flows as a trend-confirmation indicator rather than a leading one, noting that sustained inflows beyond five days signal sustained spot demand. He pointed out that while new money is arriving, marginal buying strength is weakening as prices move past $80,000 into resistance near $85,000. Wundke added that holding above $72,000 would give investors confidence that pullbacks are buying opportunities.
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 BTC trading at $79,023.75 with a 1-hour buy ratio of 44.0% and a 4-hour buy ratio of 46.3%, both trailing the 24-hour buy ratio of 49.9%. This decline in shorter-term buying pressure indicates that momentum is fading compared to the broader daily trend. The 1-hour volume delta is negative $9,365,201, while the 4-hour delta sits at -$26,934,662, signaling that sellers are currently outweighing buyers in recent timeframes. The 24-hour volume delta is slightly negative at -$903,088, and the cumulative volume delta (CVD) for the day closed at -$101,371,176. Net buying occurred for only 6 of the 24 hours, suggesting that aggressive accumulation is not dominating the session. Total spot volume reached $1,148,236,056 across 4,284,527 trades.
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 49.9% is slightly below the 7-day average of 51.6%, representing a 1.7 percentage point drop. Trading volume for the day was 0.54x the weekly average, indicating a quieter session compared to the preceding week’s activity. While the preceding week saw net buying on 6 of 7 days with a positive volume delta of $445,688,281, today’s metrics show a distinct cooling off. The price change over the eight-day period stands at +14.0%, but today’s lower volume and reduced buy ratio suggest the immediate upward pressure has eased.