US-based spot Bitcoin exchange-traded funds (ETFs) saw their third consecutive week of strong inflows, totaling $5.8 billion as investor demand remained high. This surge is fueled by easing trade tensions after the US reached a deal with the UK and signaled talks to improve ties with China. 12 spot Bitcoin ETFs witnessed a combined influx of $921 million over the past week (May 5-9), according to data from SoSoValue. This marks an impressive three-week run, bringing total inflows to nearly $5.8 billion. BlackRock’s IBIT led the pack again last week, accumulating over $1 billion in new investments. It boasts a remarkable 19-day inflow streak that has added more than $5 billion to its assets, making it the longest-running streak for any spot Bitcoin ETF this year. Fidelity’s FBTC and ARK 21Shares’ ARKB also contributed with smaller gains, adding $62.4 million and $45.6 million respectively. However, three funds – Grayscale GBTC, Bitwise BITB, Franklin Templeton EZBC, and VanEck HODL – recorded combined outflows of $217.4 million, partially offsetting the week’s overall gains. The remaining Bitcoin ETFs remained static during this period. 10 ETF inflows have brought total net inflow to a record high of $41.16 billion since launch day.