Spot Bitcoin ETFs log $98.8 million net inflow on Aug. 7, extending streak to five days
AI Market Summary
Spot Bitcoin ETFs posted a $98.8m net inflow on Aug 7, extending inflows to five consecutive sessions and reinforcing steady institutional demand. BlackRock's IBIT led with a large singleday inflow while some products saw modest outflows, indicating rotation rather than broad risk-off. Aggregate ETF AUM near $79.5bn and cumulative inflows above $52bn remain a supportive flow signal for BTC in the near term.
Impact level
● Medium
Affected assets
BTC/USDT+1.12%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Spot Bitcoin exchange-traded funds posted a combined net inflow of $98.8453 million on Aug. 7 (U.S. Eastern Time), marking the fifth straight session of net subscriptions, according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Bitcoin Trust (IBIT) led the group with $867.06 million in one-day net inflows, bringing its cumulative net inflows to $61.175 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) ranked second, attracting $40.95 million on the day and lifting its historical net inflows to $10.036 billion.
The largest single-day net outflow was recorded by Invesco and Galaxy Digital's BTCO, which saw $19.37 million leave the fund. BTCO's cumulative net inflows stand at $152 million.
As of publication, total net asset value across spot Bitcoin ETFs was $79.497 billion. The ETF net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—was 6.1%, while cumulative net inflows since launch reached $52.178 billion.
