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PiCK

US Spot-Bitcoin ETFs Draw $170.1 Million, Returning to Net Inflows in One Day

Source
Suehyeon Lee

Summary

  • US spot-Bitcoin ETFs recorded $170.1 million in net inflows, returning to positive territory after one day.
  • BlackRock's IBIT drew in $111.4 million, the largest inflow among the funds.
  • Net inflows also went to Fidelity's FBTC, Franklin's EZBC, Invesco's BTCO, VanEck's HODL, Bitwise's BITB and Ark Invest's ARKB.

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Photo: Farside Investors
Photo: Farside Investors

US spot-Bitcoin exchange-traded funds returned to net inflows after attracting more than $100 million in fresh capital.

Farside Investors data released on August 4 showed US spot-Bitcoin ETFs recorded combined net inflows of $170.1 million the previous day. The category swung back to net inflows after one day.

BlackRock's IBIT led with $111.4 million in net inflows. Fidelity's FBTC added $33.4 million, Franklin's EZBC brought in $9.2 million, Invesco's BTCO drew $6.7 million and VanEck's HODL posted $4.5 million in net inflows.

Bitwise's BITB and Ark Invest's ARKB also recorded inflows of $2.8 million and $2.1 million, respectively. The remaining products saw no net inflows or outflows.

#Spot ETF
#Bitcoin ETF
#ETF
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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