Bitcoin ETFs draw $853.5M in five-day inflow streak
U.S. spot Bitcoin ETFs attracted $853.5 million during five consecutive inflow sessions as August demand reversed the previous weeks withdrawals. SummaryBitcoin ETFs recorded five straight inflow daysfrom Aug. 3 through Aug. 7.Weekly net inflows reached approximately $853.5 million, according to SoSoValue.August flows are already nearly five times Julys $172.4 milliontotal.Ethereum ETFs added another $244.9 millionduring the same trading week. Bitcoin ETF inflows reverse previous weeks withdrawals U.S. spot Bitcoin ETFs opened August with $170.1 million in net inflows on Aug. 3, followed by $211.5 million on Aug. 4, according to SoSoValue. Inflows increased to $244.4 million on Aug. 5, the strongest session of the week. The funds subsequently added approximately $128.8 million on Aug. 6 and $98.85 million on Aug. 7. The five daily results produced approximately $853.5 million in combined net inflows, depending on rounding. The performance represented a roughly $915 million swing from the previous week, when the products recorded $61.5 million in net outflows. The streak also followed a volatile end to July. crypto.news previously reported that investors withdrew approximately $265 million from the funds on July 31. BlackRock‘s IBIT lost $123 million that day, while Fidelity’s FBTC recorded $54.8 million in withdrawals. You might also like: Hashdex to shut down $14.7M Bitcoin ETF DEFI BlackRock









