After a prolonged period of outflows, Bitcoin has seen a shift to inflows. According to Farside Investors data, US spot Bitcoin ETFs recorded a net inflow of $69.1 million the previous day. This marks the seventh consecutive day of net inflows.
On-chain data platform Santiment noted that Bitcoin ETFs have recorded net inflows for seven consecutive days since July 14th, with total ETF inflows reaching $981.2 million, driving Bitcoin up to $66,300.
At this point, Santiment noted that this steady series of inflows, following the heavy fund outflows seen in May and June, is considered a significant signal that institutional investor confidence is recovering.
Santiment analysts note that sustained demand for ETFs could have a supportive effect on the Bitcoin price.
Santiment also drew attention to an important detail regarding ETFs and the BTC price. Analysts noted that a similar series of inflows was last seen in October 2025, and that the strong surge following that inflow led Bitcoin to its all-time high of $126,000.
Analysts say that while there’s no guarantee this trend will repeat itself and trigger a surge, the momentum in ETF inflows is a key indicator that the market should closely monitor.
Santiment analysts note that the current ETF inflow is creating a positive environment for Bitcoin to potentially recover towards the $70,000 level. However, they also warn that a sudden, massive inflow could indicate excessive optimism (FOMO) in the market and the formation of a short-term price peak.
*This is not investment advice.