Bitcoin ETFs Keep Rolling With Another Strong Inflow Day

U.S. spot Bitcoin exchange traded funds added 98.85 million dollars on August 7. This move marks the fifth straight trading day of positive inflows for the sector. BlackRock’s IBIT fund led the charge by capturing 479 million dollars as investors continue to show steady demand for these products.

Ether ETFs also joined the positive trend. These funds pulled in 49.60 million dollars on the same day, securing their fourth consecutive day of gains. The steady interest in both Bitcoin and Ether products suggests that institutional investors are sticking with their positions despite recent market volatility.

Traders are now watching to see if this trend can hold through the end of the week. Consistent inflows often act as a buffer for price action, and five straight days of buying shows that the current appetite for crypto products remains healthy among institutional players.