Bitcoin ETFs Bounce Back With $91.6M Inflows

by Ouess

After four straight days of outflows totaling $1.5B, U.S. Bitcoin ETFs finally saw positive momentum on August 6, pulling in $91.6 million in net inflows.

Which ETFs Led the Recovery?

🏆 BlackRock (IBIT)$42M
🥈 Bitwise (BITB)$26.4M
🥉 Grayscale (GBTC)$14.5M
📊 VanEck (HODL)$4.1M

Bitcoin ETF inflows Source : SoSoValue

Only ARKB (Ark/21Shares) bucked the trend with $5.4M outflows.

Will Bitcoin Follow the ETF Rebound?

  • Current price$115,023 (+0.89%)
  • Key resistance$117,200 (breakout level)
  • ATH drop~6.5% from $123K peak

BTC Price Source : TradingView

Glassnode data shows sell pressure easing:

  • Only 45% of recent BTC sales were profit-taking
  • Corporate BTC buying still strong

What’s Next for Bitcoin?

✅ Bullish case: ETF inflows + corporate demand could push BTC past $120K
⚠️ Bearish risk: Failure at $117.2K may signal fading momentum

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