Highlights
- Crypto investment funds took in $3.2 billion last week, the largest weekly intake since October 2025.
- BlackRock's IBIT alone attracted $928 million, following $1.3 billion the week before — its biggest two-week inflow stretch since October 2025.
- The rebound follows a stretch of net outflows industry-wide just two weeks earlier.
- Bitcoin traded near the $78,000–$80,000 range through the period that produced the inflow surge.
Crypto investment funds attracted $3.2 billion in net inflows last week, their largest weekly intake since October 2025, according to The Kobeissi Letter, citing Bank of America's weekly fund-flow tracking. BlackRock's iShares Bitcoin Trust (IBIT), the largest crypto ETF by assets, accounted for a sizable share on its own: $928 million last week, following $1.3 billion the week before, its strongest two-week run since October 2025.
A Sharp Reversal From Two Weeks Earlier
The scale of the rebound stands out against what preceded it. Total crypto fund flows had swung negative just two weeks prior, before recovering into the current run — a roughly $3 billion turnaround in sentiment inside a month. US spot Bitcoin and Ethereum ETFs together made up the bulk of the total intake, with Bitcoin products drawing the larger share and Ethereum funds pulling in the balance. Daily flow data tracked by Farside Investors shows the pattern building through late August, with IBIT posting positive net inflows on six straight trading days spanning roughly $2 billion combined before the week Kobeissi's figures cover.
Related: Korea, US Deepen Energy Ties as AI Data Centers Strain Power Grids
What's Behind the Rebound
The inflow surge coincided with Bitcoin trading in the $78,000 to $80,000 range, a level that appears to have drawn buyers back in after a period of hesitation. Fund flows of this size are typically read as a signal of renewed institutional appetite rather than retail-driven trading, since spot ETF creation and redemption activity is dominated by large allocators rebalancing exposure. IBIT's outsized share of the total — close to a third of the entire industry's weekly intake — underscores how concentrated that institutional demand remains around BlackRock's product specifically, rather than spread evenly across the roughly dozen competing spot Bitcoin ETFs.
What to Watch Next
The next weekly Bank of America and Farside flow reports will show whether this pace holds or fades, and Bitcoin's ability to hold above $78,000 will likely determine which way it breaks. A third consecutive week of inflows at this scale would mark the strongest institutional buying stretch since October 2025 and could reinforce the current price range as a new support level rather than a temporary bounce.
FAQ
How much did crypto funds take in last week?
$3.2 billion in net inflows, the largest weekly total since October 2025, according to Bank of America's fund-flow tracking cited by The Kobeissi Letter.
How much of that went to IBIT specifically?
BlackRock's IBIT drew $928 million last week, following $1.3 billion the week before — a combined $2.2 billion over two weeks, its best such stretch since October 2025.
What triggered the rebound?
The inflows coincided with Bitcoin trading in the $78,000–$80,000 range, suggesting institutional buyers stepped back in after a prior stretch of weaker flows.
Is this the biggest inflow week of 2026?
It's the largest since October 2025 specifically, not necessarily the largest of the full year, based on the timeframe cited in the report.
