Bitcoin ETF inflows reach $1.92 billion
SoSoValue data showed that U.S. spot Bitcoin ETFs recorded $307 million in net inflows on Aug. 21, extending their run of positive daily flows to five trading sessions.
BlackRock’s iShares Bitcoin Trust, or IBIT, received $239 million during the final session, accounting for nearly 78% of the daily total. Fidelity’s Wise Origin Bitcoin Fund, or FBTC, ranked second with $30.19 million.
Following Friday’s allocations, IBIT’s cumulative net inflows reached $62.43 billion, while FBTC’s total rose to $10.18 billion. All U.S. spot Bitcoin ETFs held $96.07 billion in net assets, equal to 6.17% of Bitcoin’s market value, according to the data provider.
Friday’s result completed a week in which inflows accelerated as Bitcoin’s price climbed. The funds received $297.56 million on Aug. 17, followed by $189.30 million on Aug. 18 and $517.19 million on Aug. 19. Another $606.29 million entered the products on Aug. 20 before the pace eased to $307 million.
SoSoValue data showed that U.S. spot Bitcoin ETFs recorded $307 million in net inflows on Aug. 21, extending their run of positive daily flows to five trading sessions.
BlackRock’s iShares Bitcoin Trust, or IBIT, received $239 million during the final session, accounting for nearly 78% of the daily total. Fidelity’s Wise Origin Bitcoin Fund, or FBTC, ranked second with $30.19 million.
Following Friday’s allocations, IBIT’s cumulative net inflows reached $62.43 billion, while FBTC’s total rose to $10.18 billion. All U.S. spot Bitcoin ETFs held $96.07 billion in net assets, equal to 6.17% of Bitcoin’s market value, according to the data provider.
Friday’s result completed a week in which inflows accelerated as Bitcoin’s price climbed. The funds received $297.56 million on Aug. 17, followed by $189.30 million on Aug. 18 and $517.19 million on Aug. 19. Another $606.29 million entered the products on Aug. 20 before the pace eased to $307 million.
