Bitcoin ETF sees inflows for five consecutive days

American spot Bitcoin ETFs are once again showing positive inflow figures. On 7 August, $98.85 million flowed in, bringing the streak of positive trading days to five in a row. Ethereum ETFs are also performing well, with $49.60 million in inflows and a consecutive run of four days.

Bitcoin is available at OKX and Bybit.

In brief:

• American spot Bitcoin ETFs recorded $98.85 million in net inflows on 7 August, the fifth consecutive day.
• Spot Ethereum ETFs saw $49.60 million come in, marking four consecutive inflow days.
• The total net assets of the Bitcoin ETFs currently stand at $79.50 billion.

Five-day inflow streak for Bitcoin ETFs

According to data from SoSoValue, tens of millions of dollars are flowing into American spot Bitcoin ETFs on a daily basis. The $98.85 million inflow on 7 August marks the fifth consecutive trading day with positive figures. The total net assets of these funds stand at $79.50 billion, while the Bitcoin price is trading around $65K, up 0.1% over the past 24 hours.

This recent streak follows a period of mixed results, which earlier in July still included significant outflow days of more than $300 million. Four days in a row was already a positive signal, but the fifth day confirms that investors are maintaining their interest in these products.

Ethereum ETFs also see sustained inflows

In addition to the Bitcoin funds, the spot Ethereum ETFs are also posting strong inflow figures. On the same day, $49.60 million flowed into these products, extending the streak to four consecutive trading days. That is a notable combination: both major cryptocurrencies are attracting new capital at the same time through their respective ETF products.

Earlier this week, Bitcoin and Ethereum ETFs together already raised over $300 million on 5 August. The sustained inflows suggest that institutional and retail investors consider current price levels attractive for entry.