Bitcoin ETFs Pull In $2.8B, Investors Rotate From AI to ‘Debasement Trade’

Bitcoin ETFs are seeing a powerful resurgence as investors rotate toward hard assets, with U.S. spot Bitcoin ETFs attracting $2.8 billion over eight straight trading sessions citing CoinGecko data

The ETF inflow streak continues to reinforce demand for the asset near the $80,000 level.

BlackRock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) has captured most of the recent demand. Farside Investors data shows IBIT attracted about $2.02 billion, accounting for roughly 72% of the eight-session total.

Gold and Bitcoin challenge AI’s ETF dominance

The Bitcoin surge is part of a broader shift toward hard assets.

Bloomberg senior ETF analystEric Balchunassaid gold and Bitcoin ETFs collectively attracted $7 billion in five days, calling it a record and arguing that the “debasement trade” is taking the spotlight from AI. SPDR Gold Trust(NYSE:GLD) and IBIT were both among the market’s top 10 funds by trading activity

Last week, GLD attracted $3.4 billion in inflows, while IBIT added more than $1 billion. Meanwhile, the VanEck Semiconductor ETF(NASDAQ:SMH) shed $1.7 billion, suggesting some capital was rotating away from AI-linked funds toward gold and Bitcoin.

What the ETF streak means for Bitcoin

The sustained inflows matter more than any single trading session cited by Decrypt. He cautioned that daily ETF flows have limited power to predict next-day Bitcoin prices, but said streaks lasting more than five sessions point to sustained spot demand

That makes the current eight-session run notable, particularly after Bitcoin’s sharp correction into the $60,000-$70,000 range.

Still, momentum is showing signs of cooling. Daily ETF inflows have fallen from $606.3 million on Aug. 20 to $232.2 million on Wednesday. That puts the spotlight on whether fresh ETF demand can continue absorbing profit-taking if Bitcoin struggles around $80,000.

For ETF investors, the bigger takeaway may be the rotation itself: capital that had chased AI and semiconductor funds is increasingly flowing into Bitcoin and gold ETFs as investors hedge against dollar and fiscal risks.

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