Spot Bitcoin ETFs See $2.26B Inflows in Six Days, Streak Extends to Seven

Spot Bitcoin ETFs recorded $2.26B in net inflows over six consecutive sessions, with BlackRock's IBIT absorbing 54-83% of daily flows. The streak has extended to seven days, with August inflows reaching $3B, cutting YTD outflows by half. Cumulative assets near $100B. This signals strong institutional demand and is a key driver of the rally, though the move is partly mechanical due to short covering.