For the seventh consecutive trading session, US-listed spot Bitcoin exchange-traded funds (ETFs) have continued to attract new capital, bringing their total net inflows to nearly $1 billion.

According to data provided by SoSoValue, the cumulative inflows starting from July 14 reached $999.38 million. The most recent daily activity on Wednesday contributed $68.99 million to this ongoing streak of positive investment.

While significant, the current seven-session run does not yet match a longer nine-session streak observed in April. During that period, spot Bitcoin ETFs garnered a more substantial $2.1 billion in total net inflows.

The influx of capital on Wednesday represented a decline from the $203 million seen on Tuesday, occurring as the price of Bitcoin dipped under the $66,000 mark. At the time of publication, data from CoinGecko showed BTC trading at approximately $65,729, marking a decrease of about 0.3% in the preceding 24 hours. Reflecting a shift in market sentiment, the Crypto Fear & Greed Index, a common gauge, also dropped to a reading of 31 on Thursday, down from 33 the previous day.

Markus Levin, the co-founder of the decentralized verification protocol XYO, shared his analysis of the trend with Cointelegraph. He explained that the steady stream of investments points to a specific institutional strategy, stating, “The consistency suggests institutions are rebuilding long-term Bitcoin exposure through regulated ETFs.”

Levin attributed this renewed investor interest to several factors, including an improving macroeconomic outlook, anticipation of more lenient monetary policies, subsiding inflation, and a stronger performance in equity markets. These conditions, he noted, have prompted investors to shift their capital back toward risk assets.