According to SoSoValue data, as of August 25 in U.S. Eastern Time, net inflows into Bitcoin spot ETFs totaled $314 million, maintaining a net inflow streak for 7 consecutive days.

The standout performer in yesterday’s net inflows was undoubtedly BlackRock’s IBIT, with a single-day net inflow of $284 million. To date, IBIT’s cumulative total net inflows have already surpassed $62.9 billion, reaching $62.92 billion, solidifying its leading position.

Next is Fidelity’s FBTC, with a single-day net inflow of $15.4469 million. Its cumulative historical net inflows have also surpassed the $10 billion mark, reaching $10.296 billion.

As of now, the total net asset value of Bitcoin spot ETFs has reached $99.045 billion. It is just one step away from the $100 billion milestone. The proportion of ETF net assets relative to Bitcoin’s total market capitalization has reached 6.31%. Cumulative historical net inflows are as high as $54.358 billion.

Ongoing institutional inflows are undoubtedly a long-term positive signal for Bitcoin.

$BTC
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