US spot Bitcoin ETFs recorded $853.5 million in net inflows across five consecutive trading sessions, according to CoinGlass data. FXStreet described the streak as the category's strongest weekly performance since mid-April. The ETFs, which launched in January 2024 after SEC approval, allow investors to gain Bitcoin exposure through traditional brokerage accounts without directly holding the asset.

The rebound followed a weaker stretch of flows. US spot Bitcoin ETFs absorbed $626 million over the first three trading days of August, led by BlackRock's IBIT with approximately $479 million of that total. The early-August surge came after net outflows of $265.4 million on July 31, capping a month in which the category lost billions in cumulative inflows. BlackRock, the world's largest asset manager with over $10 trillion in assets under management, has consistently dominated Bitcoin ETF inflows since launch.

Bitcoin ETF Inflows: What the Rebound Shows

Data aggregated by TradingView provides a detailed breakdown of the daily inflow figures:

In the first two trading days of August, net inflows totaled $381.6 million, surpassing July's $172.43 million. By August 3, cumulative inflows reached $626 million.

Demand was primarily driven by IBIT, which attracted $111.4 million on August 3. Fidelity's FBTC and Franklin Templeton's EZBC added $33.4 million and $9.2 million, respectively.

On August 4, total inflows rose to $211.49 million, with IBIT accounting for $170.35 million. August 5 marked the strongest day, with net inflows of $244.4 million and IBIT contributing $196.83 million.

Over three days, IBIT's inflows reached $479 million, bringing its cumulative total to nearly $61 billion. A report on August 12 noted that over 80% of Bitcoin and Ethereum ETF inflows during that period were directed toward BlackRock products.

Bitcoin Trails Stocks Despite ETF Demand

The five-session inflow streak underscored renewed demand for the funds, yet Bitcoin lagged major US equity benchmarks over the same period. FXStreet compared Bitcoin's 2.15% weekly gain with the S&P 500's 3.51% return and the Nasdaq's 5.09% gain, highlighting a divergence between ETF demand and Bitcoin's relative price performance.

TheStreet's earlier reporting placed Bitcoin at approximately $64,744, up 0.7% over 24 hours but still below the $70,920 resistance level. In its August 12 report, FXStreet said Bitcoin was trading near $63,514, down 0.6% over the previous 24 hours at the time of writing.

The report cited Wintermute's view that improving ETF flows were encouraging but insufficient on their own to establish a structural inflow trend. Wintermute also noted that the divergence between Bitcoin and other risk assets suggested ETF demand was still meeting selling pressure. The available data confirm that ETF inflows and spot-price performance can move differently over the same period, as ETF purchases represent demand for fund shares while Bitcoin's spot price reflects broader market activity including over-the-counter sales.

Inflation Data and Jackson Hole in Focus

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The Fear and Greed Index stood at 25, in extreme-fear territory, as the early-August inflow streak developed.

In its August 12 report, FXStreet identified US CPI and PPI inflation releases that week, the Jackson Hole meeting later in the month, and cloture on the CLARITY Act as major upcoming catalysts. CPI and PPI data feed directly into Federal Reserve rate decisions, which have historically influenced risk-asset sentiment. Jackson Hole, the Fed's annual economic policy symposium in Wyoming, has served as a venue where monetary policy direction is often signaled. The CLARITY Act, under congressional consideration, addresses digital asset market structure and the division of regulatory authority between the CFTC and SEC. FXStreet also reported that the July CPI release was set for August 12, with the data potentially shaping the direction of crypto markets for the remainder of August.

Whether the renewed ETF demand marks a sustained reversal or a brief technical bounce remains unresolved. The first three trading days of August brought $626 million in net inflows, while the later five-session total reported by FXStreet reached $853.5 million. Whether those flows continue, and whether Bitcoin's price response strengthens, remained the central question in the reporting.