Bitcoin ETFs Bleed for 4th Straight Day, But Big Players Still Buying

15 hours ago by · 2 mins read

Despite $196 million in outflows from Bitcoin ETFs on Aug. 5, institutions continue to accumulate the digital asset, hinting at long-term bullish confidence.

The US Bitcoin spot ETFs recorded net outflows of $196 million on Aug. 5, extending a losing streak to four consecutive days. This exodus comes as Bitcoin BTC $115 008 24h volatility: 0.8% Market cap: $2.29 T Vol. 24h: $31.95 B started the month with a bloodbath, recording a 3.5% weekly loss.

Fidelity’s FBTC led the ETF outflow with $99.11 million pulled out, followed by BlackRock’s IBIT, which saw over $77 million in withdrawals. 

This outflow streak follows a successful July for these funds, which recorded only five outflows in the month. Bitcoin is currently facing a cooling off in price after hitting an all-time high of $123,100 on July 14.

Institutions Accumulate as Retail Sentiment Wavers

Despite the selling pressure from  Bitcoin ETFs, data suggests that large-scale investors are buying the dip. On Aug. 5 alone, corporate firms added roughly 630 BTC (worth over $70 million) into their treasuries.

Earlier today, UK-listed digital asset manager, Vaultz Capital, disclosed the purchase of an additional 47.85 BTC, raising its total stash to 117.85 BTC.

Analysts Still Optimistic

At the time of writing, the largest cryptocurrency is trading around $114,000, slightly recovering from weekend lows of $112,044. While some analysts are lowering short-term targets, others remain confident in Bitcoin’s long-term trajectory.

Fundstrat co-founder Tom Lee recently reiterated his prediction that Bitcoin could hit $250,000 in 2025. Speaking on the Coin Stories podcast, Lee explained that institutional interest remains a key driver of future price appreciation. 

He even suggested that the four-year halving cycle may no longer apply due to mounting corporate adoption. This aligns with Bitwise CIO Matt Hougan’s recent prediction that 2026 could be the true breakout year for Bitcoin, shifting away from the historical four-year cyclic pattern.

Meanwhile, public voices like Robert Kiyosaki have also suggested long-term price optimism for Bitcoin. The Rich Dad Poor Dad author recently claimed Bitcoin made becoming a millionaire “so easy.”

He praised Bitcoin’s structure as “pure genius” and revealed that his small investment years ago had turned into several million dollars.

However, analysts remain divided on the short-term BTC price outlook as traders find which crypto will explode next. BitMEX co-founder Arthur Hayes sees a potential dip to $100,000 due to macro headwinds before a rebound.

Share:

Related Articles

Bitcoin Hyper Surges to $7.2M in ICO – Just 34 Hours Left as $250K BTC Target Sparks Buzz

By August 6th, 2025

In the past 24 hours, Bitcoin (BTC) dipped to $112,000 before recovering to $114,000 after weaker-than-expected ISM Services PMI data.

Robert Kiyosaki: Bitcoin Is Pure Genius Asset Design

By August 6th, 2025

Robert Kiyosaki seems to have become a strong supporter of the digital currency.

BlackRock’s IBIT Dominates Bitcoin ETF Outflows at $292 Million

By August 5th, 2025

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $292 million in outflows on Aug. 4, the highest since May, amid broader selling pressure in Bitcoin.

Exit mobile version