BlackRock’s IBIT led inflows with $170 million, while spot Ethereum ETFs added $53.7474 million in net new capital.
Spot Bitcoin exchange-traded funds saw $211 million in net inflows on August 4, marking a strong session for digital asset investment products. BlackRock’s IBIT fund accounted for $170 million of the total, reinforcing its dominance in the sector.
The prior session had shown modest inflows, with consensus expectations hovering near $150 million for the day. Spot Ethereum ETFs also gained traction, recording $53.7474 million in net inflows, led by BlackRock’s ETHA with $42.4582 million.
Market participants viewed the inflows as a sign of renewed institutional interest in cryptocurrency exposure through regulated vehicles.