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PiCK

Spot Bitcoin ETFs Draw $606.3 Million in Net Inflows

Source
Uk Jin

Summary

  • Spot Bitcoin ETFs recorded large net inflows.
  • On Aug. 20, spot Bitcoin ETFs posted total net inflows of $606.3 million.
  • BlackRock's IBIT drew $503 million in net inflows, while VanEck's HODL posted $3.6 million in net outflows.

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Photo: Shutterstock
Photo: Shutterstock

Spot Bitcoin exchange-traded funds recorded another large day of net inflows.

Farside Investors data showed spot Bitcoin ETFs took in a combined $606.3 million on Aug. 20.

BlackRock's IBIT led with $503 million in net inflows, followed by Fidelity's FBTC with $64.7 million, Bitwise's BITB with $26.4 million, Ark Invest's ARKB with $12.2 million and Invesco's BTCO with $3.6 million.

VanEck's HODL posted $3.6 million in net outflows.

#Bitcoin ETF
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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