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Bitcoin ETF inflows hit $853.5M, led by BlackRock, marking strongest week since April amid steady Ether gains.

Market News
08 Aug 2026
Blockonomi
View Source
Bullish
Bitcoin ETF inflows hit $853.5M, led by BlackRock, marking strongest week since April amid steady Ether gains.

Bitcoin ETFs saw inflows of about $853.5 million last week, the highest since mid-April, driven mainly by BlackRock's IBIT fund which captured over 80% of the inflows. Fidelity's FBTC also contributed significantly. Ether ETFs extended their winning streak to five weeks with inflows totaling around $244.9 million. Despite these inflows, trading volumes for both Bitcoin and Ether ETFs remained near multi-year lows. Bitcoin prices hovered near $65,000, facing resistance around $67,523, with technical levels and short-term holder costs potentially limiting further gains. The inflows occurred even as a Coldcard wallet exploit affected some Bitcoin cold-storage wallets, but this incident does not fully explain the broader institutional demand. Overall, the strong inflows suggest growing institutional interest in crypto funds despite subdued trading activity and macroeconomic uncertainties.

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