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Bitcoin investors pour $853 million into spot ETFs. BlackRock's IBIT claims the bulk
Bitcoin spot ETFs recorded $853.54 million in net inflows for the week ended August 7, 2026, the highest weekly total since mid-April, with BlackRock's IBIT accounting for $693 million. Year-to-date, the funds remain $4.5 billion in the red due to sustained outflows earlier in 2026.
Bitcoin spot ETFs pulled in $853.54 million in net inflows for the week ended August 7, 2026, marking the highest weekly total since mid-April, according to CoinDesk. BlackRock's IBIT accounted for $693 million of that inflow.
The inflow arrives after months of sustained selling pressure. During the first half of 2026, Bitcoin fell 33 percent to below $60,000 by the end of June, accompanied by heavy redemptions from spot ETFs. On a year-to-date basis, Bitcoin spot ETFs remain roughly $4.5 billion in the red due to net outflows, per CoinDesk's reporting.
Bitcoin held steady at around $64,000 early in the week of August 7 and traded at approximately $65,100 as of CoinDesk's article, written on August 9. The brief does not disclose which other spot ETFs contributed to the total inflow or their individual figures.
A multi-million-dollar Coldcard hardware wallet hack and rising government bond yields failed to dent the spot market during the period, according to CoinDesk. A weak U.S. jobs report for July cooled bets on further Federal Reserve rate hikes, potentially clearing the path for continued institutional buying in ETFs, per CoinDesk's analysis.
Historical context: between April and October 2025, Bitcoin climbed from roughly $75,000 to a record high of $126,000, during which weekly inflows into spot ETFs exceeded $1 billion on several occasions, according to CoinDesk. The current week's $853 million inflow remains well below those peaks.
CoinDesk notes that July U.S. CPI data due on August 12 could influence both ETF inflows and Bitcoin's price trajectory. The outlet emphasizes this is only one week of data and that BTC will need consistently strong inflows to mount a meaningful price rally.
Spot ETFs pulled in $853.54 million in the week of August 7, their strongest week in four months; however, year-to-date inflows are negative $4.5 billion.
Watch the next four weeks of ETF flow data to determine whether the August 7 week represents a genuine shift in institutional demand or a single data point driven by the weak jobs report and Fed expectations. If year-to-date outflows continue to exceed new inflows, the narrative of sustained institutional buying will not hold.
And that's the way it is.
More on Blackrock
Other reporting from this desk on Blackrock.
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- BlackRock launches two new tokenized money market funds targeting stablecoin reserves · August 3, 2026 · 14:47 UTC
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