Bitcoin and Ethereum ETFs break $1B in their best week since April and BlackRock brought in 80% of the cash
US-listed spot Bitcoin and Ethereum ETFs drew more than $1 billion in combined new money in the week ended Aug. 7, marking their strongest inflows since April and signaling renewed demand for regulated crypto exposure. Spot Bitcoin ETFs took in $853.54 million, with inflows in every session; BlackRock’s IBIT accounted for about $693 million of that total. Spot Ethereum ETFs brought in $244.94 million, their best week since April, and extended a five-week inflow streak. BlackRock’s ETHA dominated there as well, pulling in about $203 million. Together, IBIT and ETHA captured roughly $896 million, or more than four-fifths of weekly inflows. The rebound came amid renewed attention on custody after reports of a hardware wallet security flaw, though no direct link to ETF inflows has been shown.
