Bitcoin Presents Both Danger and Opportunity! ETFs Are Strengthening, But This Data Is Alarming!

Bitcoin has experienced sharp fluctuations in the past week. Having started September at around $78,000, $BTC surged above $82,000 during the week, reaching its highest level since May. However, it couldn’t maintain this level and fell back below $80,000.

As of today, with Bitcoin falling below $80,000, data shows that US spot Bitcoin ETFs have recorded net inflows for the third consecutive week. Spot Ethereum ETFs also extended their inflow streak to three weeks, signaling a recovery in institutional demand.

Positive Series in Spot Bitcoin and Ethereum ETFs!

According to SoSoValue data, US spot Bitcoin ETFs saw a net inflow of $986.9 million last week. This marks the third consecutive week of positive inflows into Bitcoin ETFs. The previous week, net inflows were $924.5 million.

BlackRock’s IBIT fund stood out in weekly inflows, with total net inflows reaching approximately $3.8 billion over the past three weeks. This period marks the strongest three-week inflow streak for Bitcoin ETFs in 2026.

Spot Ethereum ETFs also saw a net inflow of $218.4 million last week. This marks the third consecutive week of positive inflows into Ethereum ETFs.

ETFs continued their strong performance in August. Spot Bitcoin ETFs saw net inflows of $3.52 billion during the month, while spot Ethereum ETFs saw net inflows of $1.85 billion. This monthly inflow into Bitcoin ETFs was the strongest monthly performance since September 2025.

Bitcoin Prediction: $82,000-$85,000!

Speaking to The Block, Zeus Research analyst Dominic John stated that the bullish pattern in Bitcoin will remain valid if the $80,000 level is maintained.

At this point, the analyst predicted that $BTC’s uptrend would remain strong as long as it held above the $80,000 level, and that prices would gradually rise towards $82,000-$85,000. The analyst noted that the next significant upward move could depend on macroeconomic developments.

John noted that continued ETF inflows indicate that institutions are increasing their $BTC investments and that real spot demand is recovering.

The Biggest Risk for Bitcoin is Inflation!

Presto Research analyst Min Jung said the crypto market is starting to close the gap with other risky assets and that ETF inflows indicate a recovery in institutional demand.

However, Jung considers higher-than-expected US inflation data a significant risk that could dampen the upward trend in Bitcoin.

*This is not investment advice.