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Bitcoin ETFs Extend Inflow Streak to Five Days as BlackRock

Bitcoin ETFs Extend Inflow Streak to Five Days as BlackRock

Five days and counting

The Aug. 7 figure marked the fifth consecutive session of net inflows for U.S. spot bitcoin ETFs. Every trading day this week has ended in positive territory, a clean run for a category that has seen flows swing sharply from day to day. The $98.85 million daily intake keeps the momentum alive heading into the last session of the week. Five days in a row of net buying is a meaningful stretch — it's the kind of consistency that tells investors the money is sticking around rather than rotating in and out.

BlackRock's IBIT out in front

BlackRock's IBIT captured $479 million in inflows, the largest chunk of the recent intake by a wide margin. The fund has been the biggest player in the spot bitcoin ETF space since day one, and this week's numbers reinforce that standing. IBIT's haul alone dwarfs the daily totals of most of its competitors — the $98.85 million that the whole sector added on Aug. 7 is a fraction of what IBIT has pulled in over the streak.

Ether ETFs keep climbing

Spot ether ETFs pulled in $49.60 million on Aug. 7, a fourth straight day of gains. The ether funds have been moving in the same direction as bitcoin — just with smaller numbers. The $49.60 million daily intake is a solid clip for the ether lineup, which has generally run lower daily totals than the bitcoin funds.

Two streaks, one direction

The two streaks now run in parallel — five days for bitcoin, four for ether. The next session on Aug. 8 will show whether either run survives the week. After a stretch like this one, the direction of flows is the number that matters.