 
 
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. returned to inflows on Wednesday as the funds’ four-day streak came to an end.
The inflows came as the cryptocurrency market started showing signs of recovery. Bitcoin, the world’s oldest and largest cryptocurrency by market cap, is now trading around $116,436 after rising 2.1% in the last 24 hours.
Bitcoin ETFs Gobble $91.5 Million After 4-Day Outflows
The 11 Bitcoin funds brought in $91.6 million from investors on August 6, according to data from Farside Investors.
BlackRock’s IBIT once again dominated the charts, pulling in $42 million in daily net inflows. Bitwise’s BITB followed at a distant second with $26.35 million, while Grayscale’s GBTC added $7.30 million. Bitcoin ETFs from Fidelity and VanEck also registered positive flows on Wednesday, while Ark and 21Shares’ ARKB bled $5.37 million.
The $91.6 million figure capped a four-day streak of outflow during which investors withdrew over $1.45 billion from these funds as crypto asset prices slumped due to profit taking amid macro headwinds.
 
The cumulative total net inflow into spot Bitcoin ETFs has now reached $53.74 billion, SoSoValue data shows. Meanwhile, total net assets under management are $148.50 billion, accounting for 6.46% of Bitcoin’s market capitalization.
Over the past week, BTC is still down by roughly 1.8%, according to CoinGecko data. Spot Bitcoin ETFs had been enduring a significant outflow streak since August 1, a day on which these funds shed $812.3 million after a record-breaking month for the funds in July in terms of capital inflows.
The recent market recovery follows US President Donald Trump’s latest tariff salvo, with threats of steeper levies on India, as well as imported pharmaceutical products and semiconductors.
Trump touted the policy, claiming the duties would redirect “billions of dollars” into the U.S. economy from countries that he said have “taken advantage of the United States for many years, laughing all the way.”
Source: https://zycrypto.com/spot-bitcoin-etfs-finally-snap-four-day-outflow-streak-with-91-6-million-inflows/