SoSoValue reported a significant influx of $853.54 million into Bitcoin exchange-traded funds (ETFs) during the week ending August 7, marking the largest weekly total since mid-April. BlackRock’s IBIT was responsible for most of this activity with an inflow of $693 million.
Year-to-date net inflows remain in the red at roughly $4.5 billion, reflecting overall outflows from Bitcoin ETFs.
Written by James Tobias
Bitcoin Desk
