BlackRock’s iShares Bitcoin Trust (IBIT) attracted net inflows of $200.76 million on Aug. 26, making it by far the largest driver of recent demand among U.S. spot Bitcoin ETFs. The funds together recorded about $232.12 million in net inflows that trading day. The capital came from ETF investors seeking Bitcoin exposure, not from BlackRock buying Bitcoin as a corporate reserve. ETF providers typically acquire and hold Bitcoin to hedge positions in line with investor demand, making sustained inflows an important indicator of institutional buying. Bitcoin has retreated from its recovery and is again trading around the $80,000 area. A sustained break above that level could improve the chart outlook, while further strong ETF inflows could help stabilize prices and reduce selling pressure. Analysts will be watching whether BlackRock and other ETF providers report additional net inflows in the coming days; a continuation could bring Bitcoin back toward its recent highs, while weaker flows could increase the risk of sideways trading.