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US spot Bitcoin ETFs pulled in a net $244M on Aug 5, with BlackRock’s IBIT dominating at $197M — a clear sign that institutional risk appetite is rotating back into BTC after the recent shakeout, per SoSoValue. 📊 Spot Ethereum ETFs also saw demand, adding $60.86M net, with BlackRock’s ETHA grabbing $50.34M of that flow. Notably, ETHA is doing the heavy lifting while several other ETH funds remain in the red — concentration in one issuer is a theme worth watching. 🧐 BlackRock, the world’s largest asset manager with over $15T in AUM as of Q2 2026, is effectively setting the tone across both BTC and ETH spot products. Its dominance suggests that traditional capital is entering crypto through the most established gateway, not through fringe vehicles. 🏦 The takeaway: flows are positive but narrowly led. Momentum is real, yet sustained inflows beyond top tickers will be the key metric to monitor. 🔍