Bitcoin surpasses $80,000 as ETF inflows reach eight consecutive days
Bitcoin price tops $80,000 amid record ETF inflows
Bitcoin, the largest digital currency, rose above $80,000 for the first time in three months. This increase coincides with a streak of eight consecutive days of net inflows into U.S. spot bitcoin exchange-traded funds (ETFs), which are investment funds that track the price of bitcoin and trade on traditional stock exchanges.
The inflows into these ETFs have totaled $2.8 billion since the streak began. August has already become the strongest month of 2026 for these funds, with total inflows exceeding $3 billion.
Key figures from the ETF inflows
- U.S. spot bitcoin ETFs saw $232 million in net inflows on Wednesday alone.
- Ether (ETH) ETFs, which track the second-largest cryptocurrency, added $192 million on the same day, matching the eight-day streak.
- Total assets in bitcoin ETFs reached $99 billion, up from $77 billion in mid-August.
- BlackRock’s IBIT fund absorbed 62% of Monday’s total inflows and $1.3 billion last week.
- Bitcoin ETFs remain net negative for 2026 by $2.5 billion, but August has recovered over half of the outflows from May to July.
August on track to be the best month since October 2025
With three trading sessions left in August, another $160 million in inflows would make this the biggest month for bitcoin ETFs since October 2025. The current streak has pushed the total inflows for August above $3 billion, nearly double the amount seen in April 2026.
Most of the $22 billion increase in net assets since mid-August came from rising bitcoin prices rather than new money entering the funds.
What is confirmed
- Bitcoin’s price surpassed $80,000 on August 27, 2026.
- U.S. spot bitcoin ETFs have seen eight consecutive days of net inflows, totaling $2.8 billion.
- August inflows for bitcoin ETFs have exceeded $3 billion, making it the strongest month of 2026.
- Ether ETFs have also seen eight straight days of inflows, totaling over $1 billion.
- BlackRock’s IBIT fund has been the largest recipient of inflows during this streak.
What is still unclear
- The exact amount of inflows needed in the remaining three trading days to surpass October 2025’s record.
- Whether the current trend will continue beyond August.
Why this matters for crypto investors
Consistent inflows into bitcoin and ether ETFs suggest growing interest from traditional investors. These funds provide a regulated way to gain exposure to cryptocurrencies without directly holding them. The strong performance in August may indicate renewed confidence in the crypto market after a period of outflows earlier in the year.
