BlackRock’s IBIT Captures Majority as Bitcoin ETFs Attract $853M

Bitcoin spot ETFs attracted $853.54 million in net capital during the week ending Aug. 7, their biggest weekly inflow since mid-April. BlackRock’s IBIT led the market, bringing in $693 million of the total.

The strong inflow marks a potential shift in institutional sentiment following months of selling pressure. Investors appear to be showing renewed interest in Bitcoin-related investment products.

Bitcoin has also demonstrated resilience despite several market concerns. The cryptocurrency remained around $64,000 earlier in the week and was trading near $65,100, even as bond yields climbed and a multimillion-dollar Coldcard exploit weighed on sentiment.

A surprisingly weak U.S. employment report for July has also lowered expectations for additional Federal Reserve rate increases. If those expectations persist, the more supportive monetary backdrop could encourage institutions to increase their exposure through Bitcoin ETFs.

Still, the latest figures do not yet confirm a sustained trend. Bitcoin ETFs remain about $4.5 billion lower on a year-to-date basis because of cumulative net outflows. Heavy selling during the first half of the year contributed to Bitcoin’s 33% decline, pushing the asset below $60,000 by the end of June.

For Bitcoin to establish a stronger upward trend, ETF inflows will likely need to remain consistently positive rather than being driven by a single strong week.

Previous market activity provides a similar indication. Bitcoin advanced from roughly $75,000 to a record $126,000 between April and October 2025, a period when weekly ETF inflows surpassed $1 billion several times.

Investors are now watching the July U.S. CPI report, due Aug. 12. The inflation reading could affect expectations for Fed policy and potentially determine the direction of Bitcoin ETF flows and BTC prices in the near term.