Bitcoin spot ETFs in the United States attracted $853.5 million in net inflows for the week ended August 7, the largest weekly total since mid‑April, according to data from SoSoValue. BlackRock’s IBIT accounted for $693 million of the inflows, representing the bulk of the activity. The surge follows a period of heavy selling earlier in the year, when net outflows reached roughly $4.5 billion year‑to‑date and Bitcoin’s price fell 33% to below $60,000 by the end of June. Bitcoin traded around $65,100 as of the report, holding steady near $64,000 earlier in the week. A weaker-than-expected U.S. jobs report for July reduced expectations of further Federal Reserve rate hikes, potentially supporting continued institutional buying in ETFs. The market will need sustained inflows to generate a meaningful price rally, and the July consumer price index release on August 12 may influence both ETF flows and Bitcoin’s price trajectory.