Bitcoin ETFs Absorb $626M And Open August With Renewed Demand

US-listed spot Bitcoin (BTC) exchange-traded funds pulled in $626 million over the first three trading days of August, capping the run with a $244.4 million Wednesday session.

Key Points:

• Spot Bitcoin ETFs collected $626 million in net inflows across the first three sessions of August, including $244.4 million on Wednesday.
• BlackRock's iShares Bitcoin Trust supplied roughly $479 million of that total, pushing its lifetime net inflows toward $61 billion.
• Ether funds added $114.6 million over two days while XRP products broke a four-session run without redemptions, shedding $3.58 million.

Bitcoin ETF Inflows Rebuild After July Selloff

The category rebounded on Aug. 3 with $170.1 million in net inflows, a session in which seven of the 12 listed products drew cash and not one of them reported a withdrawal. Tuesday delivered another $211.49 million. Wednesday's $244.4 million print lifted the three-day tally to roughly $626 million, already more than the funds gathered across the whole of July.

BlackRock's iShares Bitcoin Trust supplied the bulk of that money, contributing about $479 million over the stretch and taking its cumulative net inflows to nearly $61 billion since the funds began trading in January 2024. Fidelity's FBTC sits a distant second.