Bitcoin ETF News: BlackRock Captured 81% of ETF Inflows in August Surge

In Bitcoin ETF news today, US-listed spot BTC ETFs pulled in $853.54M in net inflows during the week ended August 7, the strongest weekly haul since mid-April, according to CoinGlass data. BlackRock’s IBIT alone accounted for roughly $693M of that total.

This means that around $0.81 of every dollar that entered the category came from BlackRock, signaling that the rebound looks less like broad institutional re-engagement and more like one fund doing most of the heavy lifting.

Bitcoin price pushed through $65,000 to touch $65,340 to start the week and finished up roughly 3%, even though four of the five ETF inflow days happened before that rally started.

$IBIT, $FBTC, $BITC, $ARKB, $MSBT have all seen inflows every single day (and growing each day) since the Coldcard Hack this wknd for a total of $620m.