US Spot-Bitcoin ETFs Post $98.85 Million of Net Inflows

US-listed spot-Bitcoin exchange-traded funds recorded nearly $100 million of net inflows.

Data from SoSoValue showed US spot-Bitcoin ETFs posted net inflows of $98.85 million on August 7. Cumulative net inflows for the category reached $52.18 billion.

BlackRock's IBIT led the gains with $86.71 million of inflows, while Fidelity's FBTC brought in $40.95 million. Bitwise's BITB drew $2.11 million, and Ark 21Shares' ARKB added $1.94 million.

Invesco's BTCO posted net outflows of $19.37 million. VanEck's HODL and Hashdex's DEFI also saw net outflows of $10.55 million and $2.94 million, respectively. The remaining products, including Grayscale's GBTC and BTC and Morgan Stanley's MSBT, recorded no flows.

By cumulative net inflows, BlackRock's IBIT remained the largest at $61.17 billion, followed by Fidelity's FBTC at $10.04 billion. Grayscale's GBTC, by contrast, logged cumulative net outflows of $27.46 billion.