{"id":211513,"date":"2026-08-10T15:12:13","date_gmt":"2026-08-10T15:12:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=211513"},"modified":"2026-08-10T15:12:13","modified_gmt":"2026-08-10T15:12:13","slug":"bitcoin-etf-news-blackrock-captured-81-of-etf-inflows-in-august-surge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=211513","title":{"rendered":"Bitcoin ETF News: BlackRock Captured 81% of ETF Inflows in August Surge"},"content":{"rendered":"

In Bitcoin ETF news today, US-listed spot BTC ETFs pulled in $853.54M in net inflows during the week ended August 7, the strongest weekly haul since mid-April, according to CoinGlass data. BlackRock\u2019s IBIT alone accounted for roughly $693M of that total.<\/p>\n

This means that around $0.81 of every dollar that entered the category came from BlackRock, signaling that the rebound looks less like broad institutional re-engagement and more like one fund doing most of the heavy lifting.<\/p>\n

Bitcoin price pushed through $65,000 to touch $65,340 to start the week and finished up roughly 3%, even though four of the five ETF inflow days happened before that rally started.<\/p>\n

$IBIT<\/a>, $FBTC<\/a>, $BITC<\/a>, $ARKB<\/a>, $MSBT<\/a> have all seen inflows every single day (and growing each day) since the Coldcard Hack this wknd for a total of $620m. I’m not saying it’s connected, we just don’t know, altho long-term I can’t imagine there aren’t some who migrate over, but it’s\u2026 pic.twitter.com\/Y63ZUKsVJD<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) August 6, 2026<\/a><\/p>\n\n

Bitcoin ETF News: Five Days, $853M, and a Concentration Problem<\/h2>\n

Investors withdrew $8.26Bn from US spot Bitcoin ETFs over eight weeks through early July, highlighted by a $4.51Bn outflow in June, the worst month of the year, according to CoinGlass<\/a>.<\/p>\n

July\u2019s recovery was minimal, with only $172.43M in inflows. However, August saw a turnaround with five consecutive positive sessions, totaling $1.03Bn from August 3 to 7, with the strongest inflow of $244.4M on August 5.<\/p>\n

This follows a notable week in April when inflows reached $996.38M. Total net assets in spot Bitcoin ETFs now stand at $79.50Bn, roughly 6.10% of Bitcoin\u2019s market cap.<\/p>\n\n

(SOURCE: CoinGlass<\/a>)<\/p>\n

Why the Money Moved: A Hack, a Jobs Report, and a Theory With Holes<\/h2>\n

Two key events coincide with the recent Bitcoin rebound. The first is the Coldcard exploit, which began on July 30 when attackers drained self-custody wallets with weakly generated seed phrases.<\/p>\n

TRM Labs reported over $116M stolen from more than 5,200 addresses, while Galaxy Research estimates the total could be closer to $130M, marking it as one of the largest crypto thefts of 2026.<\/p>\n

Eric Balchunas from Bloomberg Intelligence suggested that an ETF could be a solution, as ETF holders do not manage seed phrases directly, negating that risk entirely.<\/p>\n

Supporting this view, long-term holders moved around 210,000 BTC following the exploit, with more coins being transferred to exchanges than leaving them, a reversal from a two-year trend.<\/p>\n

The second event is the July jobs report released on August 7, which showed a decline in payrolls, making another Federal Reserve rate hike less likely.<\/p>\n

Surprisingly, most inflows into Bitcoin, $754.69M of $853.54M, occurred before the jobs report, with the largest influx on Friday producing only $98.85M, just as Bitcoin saw its price rally.<\/p>\n

Bitcoin ETF News: The Concentration Risk Nobody\u2019s Pricing In<\/h2>\n

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