US spot Bitcoin and ether exchange-traded funds took in a combined $1.1 billion, marking their best inflow week since April despite thin trading volume, according to The Block. Spot Bitcoin ETFs alone accounted for roughly $1 billion of that total, also their strongest week since April and the third-best showing since October, according to Cointelegraph.

Bloomberg ETF analyst Eric Balchunas linked the inflow surge to the Coldcard hardware wallet exploit, noting that several Bitcoin funds have logged daily inflows since the hack, according to The Block.

Cointelegraph attributed the rebound to renewed institutional demand, though it did not specify which institutions or funds drove the activity. Neither outlet detailed which individual ETFs led the inflows or provided figures on ether-only fund activity beyond the combined total.

The inflows come as trading volume across the ETF market has remained low, according to The Block, raising questions about whether the demand signals a durable shift or a short-term reaction to the wallet exploit. Further data on flows in subsequent weeks would help clarify whether the trend holds.

Sources: The Block, Cointelegraph

This article is for information only and is not financial advice.