Bitcoin ETFs Rebound with $626M Inflows in August's First Three Days
US-listed spot Bitcoin ETFs started August with a bang, absorbing $626 million in net inflows across the first three trading days of the month. This marked a significant rebound after a punishing stretch in May and June when these funds bled more than $8 billion.
The category's recovery began on August 3 with $170.1 million in net inflows, followed by another $211.49 million on Tuesday. Wednesday's session delivered the largest single-day influx, at $244.4 million, lifting the three-day tally to roughly $626 million.
BlackRock's iShares Bitcoin Trust supplied about $479 million of this total, pushing its lifetime net inflows toward $61 billion since the funds began trading in January 2024. The concentration of money flowing into these products remains a notable aspect of this trend.