U.S. spot bitcoin exchange-traded funds (ETFs) added $98.85 million on August 7, stretching their inflow streak to five straight trading days, while spot ether ETFs pulled in $49.60 million the same day for a fourth consecutive day of gains.
Key Takeaways
Spot bitcoin ETFs added $98.85 million, stretching a streak to 5 straight days.Spot ether ETFs added $49.60 million the same day, marking 4 consecutive days of inflows.Blackrock’s IBIT captured $479 million of a $626 million three-day haul earlier in the week.The streak traces back to Monday, August 3, and has run through Friday without a single down day. This lies in stark contrast to the choppy, stop-start pattern that defined bitcoin ETF flows for most of the year. Solana and XRP ETF products, by comparison, logged effectively zero net change on August 7.
Fidelity’s FBTC added $19.6 million over the same three days, ARK 21Shares’ ARKB brought in $9.2 million, and Bitwise’s BITB added $8.7 million. Lastly, it bears mentioning that Grayscale’s older GBTC product has now shed a cumulative $27.47 billion since its ETF conversion in early 2024.
Ether’s Streak Has the Same ShapeThe Ether side of the rally follows an almost identical pattern to bitcoin’s. On August 5, spot Ether ETFs added $60.86 million in total, and Blackrock’s ETHA alone brought in $50.34 million of that (about 83%). Fidelity’s FETH managed just $2.87 million, while Bitwise’s ETHW and 21Shares’ TETH each pulled in roughly $1.3 million. Blackrock’s staked-ether fund, ETHB, added a further $4.94 million on top of ETHA’s haul.
That lopsided split means the “four straight days” of Ether ETF inflows is, in practice, mostly a Blackrock story layered on top of a bitcoin one. Smaller issuers are technically participating in the streak, but the dollar amounts involved are thin enough that a single large Blackrock allocation on any given day can single-handedly decide whether the category posts a green or red session.
Part of the renewed appetite seems to be regulatory, given that asset manager Franklin Templeton has pointed to the prospect of federal crypto market-structure rules as a potential turning point, posturing it as a shift that could eventually open bank balance-sheet liquidity to the asset class for the first time.
Whether the streak extends into a second week depends largely on whether Blackrock’s flows hold up once the current wave of institutional rebalancing runs its course. Five days of gains is a meaningfully longer run than anything bitcoin ETFs managed in the back half of July, but the category has swayed between multi-week win streaks and abrupt reversals all year.
