Bitcoin ETFs spent most of July bleeding. Net outflows hit $265.4 million in the final session of the month on July 31, a brutal close to a period that saw the category lose billions in cumulative inflows. Then August arrived.
Over the first three trading days of August, U.S. spot Bitcoin ETFs pulled in $626 million in net inflows, according to SoSoValue and Farside Investors data .
The three-day total represents the most sustained inflow momentum the category has seen since late July, and it arrived at a moment when the Fear and Greed Index was still sitting at 25, deep in extreme fear territory.
Day by day growth
August 3 brought $170.1 million across seven funds, no ETF recorded an outflow . BlackRock's IBIT led with $111.4 million, Fidelity's FBTC followed with $33.4 million, and Franklin Templeton's EZBC added $9.2 million.
August 4 extended the streak with $211.49 million. IBIT led again with $170.35 million, more than 80% of the daily total.
Fidelity's FBTC added $19.58 million, ARK 21Shares' ARKB contributed $9.17 million , Bitwise's BITB attracted $8.72 million, and Morgan Stanley's MSBT added $3.68 million.
August 5 was the strongest session of the three. Total inflows reached $244.4 million, the best single day since late July. BlackRock's IBIT accounted for $196.83 million, with offsetting outflows from smaller funds bringing the net figure to $244.4 million.
IBIT's three-day haul alone came to $479 million, lifting its cumulative net inflows to nearly $61 billion according to Farside Investors.
What it means
Bitcoin ETFs attracted $381.6 million in net inflows during the first two trading days of August, already surpassing the $172.43 million recorded over all of July. By the third trading day, cumulative inflows had climbed to $626 million.
Trending on TheStreet Roundtable:
Whether this marks a genuine reversal or a brief technical bounce is the question the market cannot answer yet.
The Fear and Greed Index has not moved. Bitcoin itself is trading at approximately $64,744, up 0.7% over 24 hours but still well below the $70,920 resistance level.
The money came back. Whether it stays is August's defining question.
Related: Bitcoin has never broken this line in 15 years, it is on it right now
This story was originally published by TheStreet on Aug 6, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
