US-listed Bitcoin ETFs have pulled in net inflows for seven consecutive trading days since July 14, the longest unbroken run since early May. According to Santiment Intelligence, cumulative net inflows over that stretch hit $981.2 million, with Bitcoin touching $66,300 at its peak during the period.

The comparison to October 2025 is hard to ignore. That was the last time ETF demand held a similar streak, and Bitcoin was pressing toward its all-time high at the time. Right now the picture is more cautious: BTC is trading near $64,890, and the Fear & Greed Index sits deep in Fear territory, which actually makes the steady inflow run more meaningful, not less.

What the flows say about sentiment

May and June were rough for ETF demand. Heavy outflows dominated both months, and selling pressure on Bitcoin hit a 900-hour record as analysts argued over whether a bottom was forming. Seven positive days in a row after that stretch is a different signal. As Santiment put it, "steady positive days are an encouraging sign that confidence is rebuilding."

Analysts watching ETF flows say a move back toward $70,000 is plausible if the trend holds, though they flag one specific risk: a single outsized inflow day could reflect FOMO rather than conviction, and that kind of spike has historically coincided with short-term local tops rather than sustained rallies.

The pattern is worth watching closely. ETF flows have become one of the cleaner real-time reads on institutional appetite, and right now that read is cautiously positive after two months of red.

This article is for informational purposes only and does not constitute financial advice. Crypto markets carry significant risk; always do your own research before making investment decisions.