US spot Bitcoin ETFs recorded $853.5 million in net inflows over five trading days from August 3 to August 7. BlackRock’s iShares Bitcoin Trust (IBIT) concentrated $693 million, or 81% of the total. These flows erased $61.5 million in outflows from the previous week and brought cumulative inflows since launch to $52.18 billion. Total net assets of US spot Bitcoin ETFs now reach $79.50 billion, representing approximately 6.10% of Bitcoin’s market capitalization, with the price remaining below the $65,000 threshold.
Source: Read the original article

