BlackRock’s iShares Bitcoin Trust has logged four consecutive days of net inflows totaling 9,269 BTC, worth approximately $604 million at current prices. For a product that launched in January 2024, IBIT has become less of a newcomer and more of the default institutional on-ramp to Bitcoin.

The streak follows what research describes as a weak July for Bitcoin ETF flows broadly, making the early August recovery all the more notable.

What the numbers actually say

Between August 3 and August 5 alone, U.S. spot Bitcoin ETFs collectively pulled in roughly $626 million. IBIT’s share of that three-day window came to around $478 million, meaning BlackRock captured the overwhelming majority of the sector’s total demand.

On August 4, IBIT recorded net inflows of $170.3 million. The following day, that figure climbed to $196.8 million.