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BlackRock's Bitcoin ETF sees $604M inflows over 4 days, signaling strong institutional demand.

Market News
07 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

BlackRock's iShares Bitcoin Trust (IBIT) recorded net inflows of 9,269 BTC, worth about $604 million, over four consecutive days in early August 2026. This surge follows a weak July for Bitcoin ETFs and highlights a renewed institutional interest in Bitcoin. IBIT captured the majority of U.S. spot Bitcoin ETF demand, consistently accounting for 70-80% of daily inflows since its January 2024 launch. These inflows indicate strong institutional confidence and represent actual Bitcoin purchases on the open market, signaling meaningful demand amid limited spot liquidity.

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