Thursday’s product table stayed green, but the pace cooled. U.S. spot Bitcoin ETFs booked a $137.6 million net inflow on August 6, per Farside Investors. That is the fourth consecutive creation day after Monday’s +$170.1 million, Tuesday’s +$211.5 million, and Wednesday’s +$244.4 million, and it is the smallest of the four. BlackRock’s IBIT still led at +$128.3 million. Spot did not step with the bid this time: BTC/USDT on Crypto.com Exchange settled Thursday at $64,330.27, about $335 under Wednesday’s $64,665.24. As of about 15:42 UTC on August 7 the pair last traded near $65,015. That mark is still intraday on a forming daily candle.
Four sessions, about $764 million
Stack the week and the primary market has created roughly $763.6 million of net share demand across four U.S. cash sessions ($170.1 + $211.5 + $244.4 + $137.6). That more than covers the −$265.4 million redemption print on July 31 and leaves about $498 million of net creations on top of that flush. Farside’s lifetime total across the complex now sits near $52.1 billion.
Thursday’s mix was mixed under the green total. IBIT did most of the work again (+$128.3 million, about 93% of the day). Morgan Stanley’s MSBT added +$14.9 million, Fidelity’s FBTC +$11.2 million, Grayscale’s GBTC +$7.5 million, the Grayscale Bitcoin Mini Trust +$6.8 million, and Bitwise’s BITB +$1.7 million. VanEck’s HODL printed the day’s only listed net redemption, −$32.8 million, more than double Wednesday’s HODL outflow. ARKB sat at zero after Wednesday’s +$37.6 million step-up. Net is still a clear creation day; the single red line and the smaller headline print are the new detail.
Primary-market flow counts creations and redemptions of ETF shares, not every secondary trade on the tape. A $137.6 million print is real fund-level demand. It is also the first slowdown after three sessions that each got larger than the last. The narrow read: cash is still creating, and the bid is still centered on IBIT, but the four-day ramp is no longer accelerating.
Spot eased while the product table stayed green
Thursday’s settled close slipped from $64,665.24 to $64,330.27. The session ranged about $64,165–$65,010 on Crypto.com 1D data, tagging the low-$65Ks intraday before finishing under Wednesday’s settle. That is the first down-close of the four-day green ETF stretch. Flow and spot can diverge for a session without breaking the broader picture; Thursday is just the first print in this streak where they did.
Friday’s open candle (still forming) has pushed back through $65,000, tagging $65,397 before easing. The last trade near $65,015 around 15:42 UTC is description of an unfinished session, not a settled close. The session so far has ranged about $64,158–$65,397.
Ethereum stayed soft into the settle and firm into Friday morning. ETH/USDT closed Thursday at $1,904.26 after Wednesday’s $1,908.98, and as of the same Friday window traded near $1,917. Bitcoin remains the flow story; ether is tracking nearby without leading it.
Chart: price holds the band as mood thaws a notch
The series pairs settled daily closes (and Friday’s still-forming candle) with the Crypto Fear & Greed Index. Price rebuilt from the July 31 step-down through four green flow days, with a soft Thursday settle inside the mid-$64K band.
BTC price vs the Crypto Fear & Greed Index, July 31–August 7. The August 7 point is an intraday read as of ~15:42 UTC, not a settled close. Sources: Crypto.com Exchange 1D candles and alternative.me.
Fear eases to 29 while creations slow
The composite ticked from 25 (Extreme Fear) on August 6 to 29 (Fear) on August 7, a small thaw after several days glued near the Extreme Fear line. Fear & Greed blends volatility, volume, social chatter, and surveys. It can warm a little while the primary market prints a smaller creation day than the one before. The useful split is simple: four straight sessions of net share demand, a spot book that eased on the fourth day then reclaimed $65,000 on Friday, and a mood gauge that is still in Fear, not Greed.
No new LatAm-specific flow datapoint landed with this session. The readable instruments today are the U.S. product table, the Crypto.com settles, and the mood gauge.
Takeaway
The readable sheet is short. +$137.6 million of U.S. spot Bitcoin ETF net creations on August 6. A Thursday spot settle of $64,330. About $764 million of primary-market demand over four cash sessions. Fear & Greed at 29. IBIT still does most of the work; MSBT and FBTC fill the secondary bid; HODL’s −$32.8 million is the only listed redemption. Description only, not a recommendation: a fourth green day at a slower pace, with spot and flow briefly out of step.
