Bitcoin spot ETFs recorded a net inflow of $98.8 million on August 7, marking the fifth consecutive day of inflows.

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Bitcoin news reports that Bitcoin spot ETFs recorded a net inflow of $98.8453 million on August 7, marking the fifth consecutive day of inflows. BlackRock’s IBIT led with $86.7064 million, Fidelity’s FBTC added $40.9544 million, while BTCO experienced $19.3722 million in outflows. Total net assets reached $79.497 billion, representing a 6.1% ratio to Bitcoin’s market capitalization. Bitcoin analysis indicates sustained institutional interest in the asset class.

Odaily Planet Daily reports, according to SoSoValue data, the total net inflow into spot Bitcoin ETFs yesterday (Eastern Time, August 7) was $98.8453 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s IBIT, with a net inflow of $867.06 million; IBIT’s total historical net inflow now stands at $61.175 billion.

Second is Fidelity's ETF FBTC, with a single-day net inflow of $40.95 million; the total historical net inflow for FBTC has reached $10.036 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BTCO, managed by Invesco and Galaxy Digital, with a net outflow of $19.37 million. The total historical net inflow for BTCO now stands at $152 million.

As of the time of writing, the total net asset value of spot Bitcoin ETFs is $79.497 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin’s total market cap) of 6.1%, and cumulative net inflows since inception reaching $52.178 billion.

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