Bitcoin ETF inflows, crypto narratives begin to brighten amid win streak

00:00 Speaker A

Yes, Bitcoin steady above 79,000, price irrelevant as ETF inflows hit longest streak since April. Bitcoin held its ground Thursday as spot Bitcoin ETFs logged an eighth straight day of net inflows while all coins drifted lower across the board. So to put some numbers behind this, approximately 2.8 billion has entered Bitcoin spot ETFs, more obviously if you include the all coins, just during this eight-day streak. August inflows now exceed 3 billion making this the strongest month of 2026. Now

00:41 Speaker A

you may remember if you ever looked at a Bitcoin chart, for Bitcoin performance, generally August is the worst month. But now we're seeing one of our best August ever, surprisingly here in the middle of the summer doldrums with massive ETF inflows confirming spot buying and interest following that short squeeze. Now, of course, the leader here is Black Rock's Ibit, which attracted 1.33 billion last week and recorded its greatest trading volume ever during a positive week. Now importantly there were

01:13 Speaker A

down weeks. There haven't been many of them, but for Ibit where it recorded more volume. Now, I think what's more interesting here, uh, also coming from BlackRock, BlackRock's Mitchnick says macro case for Bitcoin is strengthening after record trading in positive week. So, if you don't know Robbie Mitchnick is the BlackRock head of digital assets.