Bitcoin ETFs draw $853.5M in five-day inflow streak

U.S. spot Bitcoin ETFs attracted $853.5 million during five consecutive inflow sessions as August demand reversed the previous week’s withdrawals. Summary Bitcoin ETFs recorded five straight inflow days from Aug. 3 through Aug. 7. Weekly net inflows reached approximately $853.5 million, according to SoSoValue. August flows are already nearly five times July’s $172.4 million total. Ethereum ETFs added another $244.9 million during the same trading week. Bitcoin ETF inflows reverse previous week’s withdrawals U.S. spot Bitcoin ETFs opened August with $170.1 million in net inflows on Aug. 3, followed by $211.5 million on Aug. 4, according to SoSoValue. Inflows increased to $244.4 million on Aug. 5, the strongest session of the week. The funds subsequently added approximately $128.8 million on Aug. 6 and $98.85 million on Aug. 7. The five daily results produced approximately $853.5 million in combined net inflows, depending on rounding. The performance represented a roughly $915 million swing from the previous week, when the products recorded $61.5 million in net outflows. The streak also followed a volatile end to July. crypto.news previously reported that investors withdrew approxima...