Bitcoin ETFs Attract $626M in Three-Day Inflow Streak
What happened: US-listed spot Bitcoin ETFs recorded $244.
What happened: US-listed spot Bitcoin ETFs recorded $244.4 million in net inflows on Wednesday, August 5, bringing the three-day total to $626 million. BlackRock's IBIT led with $479 million over the period, pushing its cumulative net inflows near $61 billion. Spot Ethereum ETFs added $60.9 million the same day, while XRP ETFs saw $3.58 million in net outflows.
Why it matters: Sustained ETF inflows signal continued institutional demand for Bitcoin exposure, even as BTC prices remain subdued relative to prior cycles. The dominance of BlackRock's IBIT underscores the concentration of flows among a handful of major issuers. The divergence between Bitcoin and XRP ETF flows also highlights shifting investor sentiment within the digital asset sector.
Source: Cointelegraph