US spot Bitcoin ETFs kicked off this week with $532 million in single-day crypto inflows on Monday, led by BlackRock’s IBIT at $335 million and Fidelity’s FBTC at $184 million. That strong start followed a week that nearly ended in the red — saved only by a massive Friday session that kept a five-week winning streak alive.

A Week That Almost Wasn’t

Digital asset investment products posted $118 million in net inflows last week, their fifth straight positive week. But the number masks a turbulent stretch. Crypto exchange-traded products bled nearly $620 million from Monday through Thursday before a single Friday session brought in $737 million, flipping the week to positive.

According to CoinShares head of research James Butterfill,…