Bitcoin News Today: BlackRock IBIT Drives Five-Day BTC ETF Inflow Streak

Spot Bitcoin exchange-traded funds experienced a reversal in investor sentiment during the opening week of August, posting net inflows totaling approximately $853.5M across five consecutive trading sessions from August 3 through August 7. This marked a significant shift from the previous week, when the products had recorded $61.5M in net outflows. BlackRock’s IBIT led the rally, attracting an estimated $693M, or roughly 81% of the category-wide inflows.
Daily inflows varied throughout the