Bitcoin Spot ETFs Draw Over $200 Million in Inflows for Second Consecutive Day, Led by BlackRock

U.S. spot Bitcoin ETFs drew over $200 million in net inflows for a second consecutive day on August 4, 2026, led by BlackRock's IBIT which captured $170.35 million. Despite this strong institutional demand, Bitcoin's price remained compressed near $64,000, far below its October 2025 record of $126,198. Analysts point to historically low options volatility and seller exhaustion metrics to suggest a market bottom is forming through consolidation, even as long-term price predictions for 2026 range from $73,760 to $250,000.

Bitcoin spot ETF inflows

• ▪Fidelity's FBTC followed on August 4, 2026, with $19.58 million in inflows, while ARK 21Shares' ARKB added $9.17 million, Bitwise's BITB attracted $8.72 million, and Morgan Stanley's MSBT added $3.68 million.
• ▪BlackRock's iShares Bitcoin Trust led the inflows on August 4, 2026, with $170.35 million, representing over 80% of the daily total.
• ▪Bitcoin exchange-traded funds pulled in $381.35 million over the first two trading days of August 2026, exceeding the total net inflows recorded for the entire month of July 2026.
• ▪United States spot Bitcoin exchange-traded funds recorded $211.49 million in net inflows on August 4, 2026, following net inflows of $170.1 million on August 3, 2026.

Bitcoin price predictions 2026-2050

• ▪Cardano founder Charles Hoskinson predicted Bitcoin could reach about $250,000 by 2026, citing its limited supply and institutional adoption.
• ▪Technical analysis of Bitcoin prices for the full year of 2026 projects a minimum cost of $62,001.01, a maximum of $73,760.05, and an average trading price of $67,880.53.
• ▪Long-term price forecasts project Bitcoin's average trading price to reach $70,074.84 in 2027, $186,627.53 in 2028, and $996,053.94 by 2040.
• ▪Cryptopolitan's price prediction model expects Bitcoin to reach a maximum price of $150,000, a minimum of $48,000, and an average of $100,000 by the end of 2026.

Bitcoin technical analysis indicators

• ▪Bitcoin's 50-day moving average is falling on the daily chart, while its 300-week moving average sits near $55,000.
• ▪The SuperTrend indicator flipped bullish on Bitcoin during the week of August 5, 2026, marking a shift in short-term momentum.
• ▪Bitcoin's Relative Strength Index hovered around 65 on August 5, 2026, indicating strong but not overheated momentum, while the Ultimate Oscillator was around 52.

Bitcoin market sentiment metrics

• ▪Bitcoin's options market showed historically low volatility, with upside implied volatility falling near 23% as the call bid evaporated.
• ▪Glassnode's Seller Exhaustion Constant reached its lowest level of the current cycle, sitting inside the historical zone where past market bottoms have formed.
• ▪The Fear & Greed Index displayed a score of 27 on August 5, 2026, signaling a state of fear in the market.

Bitcoin historical price performance

• ▪Bitcoin's price experienced a heavy decline in early 2026, crashing toward $77,000 in January and hitting a low of $60,000 in February.
• ▪Bitcoin traded at $64,808 on August 5, 2026, representing a 0.82% increase over the previous 24 hours, but remained well below its October 2025 record of $126,198.