Bitcoin and Ethereum ETF inflows top $1B, BlackRock leads rebound

| cryptoslate.com
US spot Bitcoin ETF and spot Ethereum ETF demand rebounded strongly, pulling in more than $1B in fresh capital this week—the best inflow run since April. For the week ended Aug. 7, spot Bitcoin ETF inflows reached $853.54M, with inflows recorded every session. BlackRock’s iShares Bitcoin Trust (IBIT) led with about $693M (over four-fifths of total Bitcoin ETF inflows), while smaller issuers contributed less. Earlier ETF flow weakness also reversed in the five-day window, even as Bitcoin price stayed range-bound below $65,000. Ethereum-focused ETFs added $244.94M for the strongest week since April and extended weekly inflows to five consecutive periods. After a net outflow of $11.42M on Monday, flows flipped positive from Tuesday onward (Tue $53.75M, Wed $60.86M, Thu $92.15M, Fri $49.60M). BlackRock’s iShares Ethereum Trust (ETHA) captured about $203M (more than 80% of Ethereum ETF inflows). Combined, IBIT and ETHA absorbed roughly $896M—over four-fifths of nearly $1.1B total inflows across Bitcoin ETF and Ethereum ETF categories. The timing follows a Coldcard hardware-wallet security disclosure (TRM Labs estimated 1,816 BTC drained since July 30), but the report notes no direct evidence linking that incident to this week’s ETF inflows. For traders, this is a regulated inflow rebound story: it can support near-term risk appetite and improve sentiment, particularly for spot BTC/ETH exposure via ETFs. It is unlikely to be immediately priced as a custody-security remediation signal, but the flow recovery itself is a tangible catalyst.
Bullish
The rebound in Bitcoin ETF inflows (including IBIT taking the majority share) and the parallel improvement in Ethereum ETF inflows suggest sustained institutional appetite for regulated spot exposure. For BTC and ETH specifically, this creates a supportive bid for spot demand expectations, which can dampen sell pressure and improve short-term sentiment—especially since inflows were consistent across sessions. In the short term, steady ETF inflows can help stabilize price action even when spot prices look range-bound. In the longer term, continued positive weekly flows would reinforce the “structural demand” narrative for both Bitcoin ETF and Ethereum ETF products, potentially attracting additional allocators. The custody/security headline (Coldcard) is a sentiment wildcard, but the article notes no direct linkage to this week’s ETF flows. That reduces the risk of a direct negative feedback loop from the incident, making the net effect on BTC/ETH trading bias upward.