BlackRock's IBIT leads five-day Bitcoin ETF inflow streak

U.S. spot Bitcoin ETFs saw five consecutive inflow sessions from Aug. 3 to Aug. 7, bringing in about $853.5 million and reversing the previous week's $61.5 million in outflows. BlackRock's IBIT led the group with roughly $693 million in inflows, while U.S. spot Ethereum ETFs added about $244.9 million, lifting combined weekly Bitcoin and Ethereum ETF inflows to nearly $1.10 billion.
AI Analysis
Five straight inflow sessions and a large weekly total indicate sustained demand for Bitcoin ETFs, with additional Ethereum ETF inflows reinforcing the trend. The article reports concrete net flow data that can influence short-term trading sentiment.