BlackRock Dominates Latest Bitcoin ETF Inflow Surge

BlackRock's iShares Bitcoin Trust (IBIT) dominated the latest inflow surge into US spot Bitcoin ETFs, capturing $693 million of the $853.5 million net inflows from August 3 to August 7.

This five-day streak marked a reversal of modest outflows from the prior week and pushed cumulative net inflows across all US spot Bitcoin ETFs to $52.18 billion since launch. Total net assets in the category climbed to $79.50 billion, representing roughly 6.10% of Bitcoin's entire market capitalization.

The daily breakdown showed IBIT contributing significantly on each day, with a final-day influx of $86.71 million. Fidelity's FBTC was the next largest contributor, adding $40.95 million over the five days.