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Bitcoin ETFs Attract $626M in Three-Day Inflow Streak

US spot Bitcoin ETFs recorded a third consecutive day of net inflows on Wednesday, totaling $626 million over the period, led by BlackRock's IBIT. Bitcoin briefly touched $64,920 as Ether ETFs also saw positive flows, while XRP ETFs experienced outflows.

CointelegraphCointelegraph by Helen Partz

Quick Take

1

Bitcoin ETFs saw net inflows of $244.4M on Wednesday, capping a three-day $626M streak.

2

BlackRock's IBIT dominated with $479M over three sessions, cumulative inflows nearing $61B.

3

Bitcoin price briefly rose above $64,920, while Crypto Fear & Greed Index remained in Extreme Fear.

4

Spot Ether ETFs attracted $60.9M for their second consecutive day of inflows.

Market Impact Analysis

Bullish

Strong Bitcoin ETF inflows indicate institutional demand, historically a bullish signal for Bitcoin prices.

Timeframeshort

Speculation Analysis

Factuality90/100
RumorsVerified
Speculation Trigger60/100
MinimalExtreme FOMO

Key Takeaways

  • Bitcoin ETFs netted $626 million over three days—the strongest inflow streak since July—signaling renewed institutional demand.
  • BlackRock’s IBIT captured $479 million (76% of total), pushing its cumulative inflows close to $61 billion.
  • Bitcoin briefly topped $64,920, yet the Crypto Fear & Greed Index remains stuck at 25 in Extreme Fear.
  • Ether ETFs joined the rally with $114.6 million in two-day inflows, while XRP products lost $3.58 million.
3-Day Total Inflows$626Macross all US spot Bitcoin ETFs
IBIT Dominance$479M76% of total — cumulative near $61B
BTC Price Peak$64,920intraday high, now up 0.7% in 24h
Fear & Greed25Extreme Fear — down from 27 yesterday

What Happened

US spot Bitcoin ETFs extended their winning streak to three sessions on Wednesday, pulling in $244.4 million to bring the cumulative haul to $626 million. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the inflows, absorbing $479 million over the stretch and lifting its lifetime net intake to near $61 billion. The buying pressure pushed Bitcoin to a local high above $64,920, though the asset later settled around $64,744. Ether ETFs notched a second straight day of gains, while XRP funds bucked the trend with modest outflows.

The Numbers

The $626 million three-day streak marks the strongest ETF inflows since late July, with IBIT alone contributing three-quarters of the total. Bitcoin’s brief climb to $64,920 placed it within 5% of its 2025 highs, yet the Crypto Fear & Greed Index dropped to 25—deep in Extreme Fear—underscoring lingering retail caution. Ether ETFs attracted $60.9 million on Wednesday, for a two-day tally of $114.6 million, while XRP ETFs shed $3.58 million, reducing net assets to $993.4 million.

Why It Happened

The inflows coincide with recovering risk appetite as macro jitters ease and institutional players redeploy capital. Bitcoin’s rebound above $64K likely triggered momentum-driven ETF buys. BlackRock’s IBIT continues to dominate thanks to its deep liquidity and brand, siphoning the majority of new allocations. Meanwhile, the persistent extreme fear reading suggests retail investors remain on the sidelines—a setup that often precedes a contrarian upside when sentiment turns.

Broader Impact

The divergence between Bitcoin/Ether ETFs (positive) and XRP (negative) hints at a flight to quality within crypto portfolios. With Bitcoin and Ether seen as safer large-cap plays, the flows reinforce their status as institutional favorites. Sustained inflows could further decouple these assets from smaller altcoins.

What to Watch Next

  • Can Bitcoin ETFs maintain this pace and drive BTC above the $65K resistance? A breakout would signal a trend change.
  • Ether ETF momentum: if inflows accelerate, ETH could target $3,500 and reclaim its 200-day moving average.
  • A Fear & Greed bounce from extreme fear often marks local bottoms—monitor for a rapid move above 30 as a bullish trigger.
Source: Cointelegraph

This article is for informational purposes only and does not constitute financial advice.

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Aug 6, 2026, 7:56 AM UTC · Cointelegraph
Bitcoin ETFs Attract $626M in Three-Day Inflow Streak | Bytewit