Bitcoin (BTC) ETFs Draw $242.24 Million in Ninth Straight Inflow Day

Ninth Straight Inflow Session

U.S. spot Bitcoin (BTC) exchange-traded funds drew $242.24 million in net inflows on Aug. 27, extending the category's run to nine consecutive trading sessions, according to daily Bitcoin ETF flow data. The streak dates to Aug. 17 and has not broken since, and the daily total widened roughly 1.0x versus the prior session. Six of the twelve funds in the category absorbed money on the day. Cumulative net inflows across all U.S. spot crypto ETFs tracking bitcoin now stand at $54.83 billion since launch. Steady creations pull coins off spot exchange order books, a supply dynamic that has historically supported price through past accumulation phases. Bitcoin itself traded near $80,000 on Thursday, up 2.12% over 24 hours, with no visible pause in institutional demand at the nine-day mark.

BlackRock's IBIT Absorbs the Bulk

BlackRock's iShares Bitcoin Trust (IBIT) took in $277.61 million on Aug. 27 — more than the category's entire net figure, since redemptions elsewhere offset part of its intake. IBIT's cumulative net inflows have reached $63.4 billion, and its net assets stand at $62.29 billion, making the fund the dominant whale among spot bitcoin issuers. The rest of the inflow list was thinner: Ark Invest and 21Shares' ARKB added $29.75 million, Bitwise's BITB $21.74 million, Grayscale's BTC trust $11.66 million, Morgan Stanley's MSBT $6.66 million and VanEck's HODL fund $5.66 million. The concentration matters for market structure: a nine-day streak resting overwhelmingly on one issuer is more sensitive to a single desk's allocation decisions than a flow spread evenly across twelve products.

Fidelity and Grayscale Shed $111 Million

Fidelity's FBTC redeemed $83.63 million on the day and Grayscale's GBTC shed $27.21 million — the only two funds to log outflows. Despite the redemptions, total net assets across U.S. spot bitcoin ETFs stand at $100.93 billion, equal to roughly 6.28% of Bitcoin's total market capitalization. Category trading volume reached $3.45 billion, led by IBIT at $2.77 billion, followed by FBTC at $332.19 million and GBTC at $110.75 million. The rotation — money leaving the two legacy-heavyweight funds and landing in BlackRock's product — echoes a pattern that has held since the ETFs launched in January 2024. It also fits the broader risk backdrop: Nuveen's Saira Malik has tied equity appetite, including a software rebound, to bitcoin's resilience this month.

Ethereum Funds Match the Pace

Spot Ethereum (ETH) ETFs added $234.51 million the same day, their own ninth straight session of net inflows, bringing the combined two-asset daily haul to roughly $477 million. BlackRock's ETHA absorbed $130.22 million of that, with cumulative inflows of $12.65 billion and net assets of $8.63 billion; Fidelity's FETH added $56.23 million, BlackRock's ETHB $20.67 million and Grayscale's ETH fund $14.31 million. Last week marked the two categories' biggest combined week since October, drawing $2.3 billion — evidence institutions are building positions in both assets rather than rotating between them. Smaller funds joined as well: spot Solana (SOL) ETFs drew $60.91 million and spot Hyperliquid (HYPE) ETFs $24.42 million on Aug. 27. Combined net assets across the bitcoin and ether ETF categories now total about $116.5 billion. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

$81,200 Resistance in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $81,216.84 resistance at 77/100, driven by the confluence of the R1 pivot, the ATR upper band and the Donchian upper channel, while the $76,511.62 support scores 83/100 on the S3 pivot, Fibonacci 0.214, Supertrend and a low-volume node. Bitcoin changes hands at $79,881, up 1.42% over 24 hours, with RSI at 79.33 — stretched — and a bullish MACD inside an uptrend. Funding sits at a mild 0.0027% and the long/short account ratio reads 1.03, so leverage is not yet crowded, while sentiment prints 73/100, or Greed. A daily close above $81,217 opens the $87,919 Fibonacci extension, rated 42/100; losing $76,512 invalidates the bullish read and exposes the $72,433 level at 55/100. Derivatives desks are also watching the $6.4 billion Deribit options expiry, where max pain sits at $70,000. Open interest across tracked perps stands at $15.49 billion, counting leveraged positions on Binance, Bybit and HyperLiquid.