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Bitcoin ETFs attract $211M as Blackrock leads crypto fund inflows, ETHA plans reverse split to boost share price.

Market News
05 Aug 2026, 19:15 WIB
Bitcoin
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Bullish
Bitcoin ETFs attract $211M as Blackrock leads crypto fund inflows, ETHA plans reverse split to boost share price.

U.S. spot Bitcoin ETFs drew $211.49 million in inflows, led by Blackrock's IBIT capturing over 80% of the total. Ether ETFs also saw $53.75 million in inflows, with Blackrock's ETHA dominating and planning a 1-for-3 reverse share split on October 6 to raise its share price and reduce trading costs. The strong inflows suggest renewed investor interest in crypto ETFs, potentially driving further growth in August. Solana ETFs gained slightly, while XRP and HYPE funds remained flat.

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