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PiCK

US Spot-Bitcoin ETFs Post Net Inflows for Fifth Straight Session

Source
Doohyun Hwang

Summary

  • The US spot-Bitcoin ETF market extended its streak of net inflows to five straight trading sessions.
  • A total of $1.91779 billion flowed in over five days, lifting cumulative total net inflows across all ETFs to $53.71 billion.
  • BlackRock's IBIT accounted for the largest share, drawing $239.28 million in inflows.

Forecast Trend Report by Period

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Photo: SoSoValue
Photo: SoSoValue

US spot-Bitcoin exchange-traded funds recorded net inflows for a fifth straight trading session.

Data from SoSoValue showed the 13 US-listed spot-Bitcoin ETFs took in a combined $307.45 million on Aug. 21.

The funds have posted net inflows for five consecutive trading days, with $297.56 million on Aug. 17, $189.30 million on Aug. 18, $507.19 million on Aug. 19, $606.29 million on Aug. 20 and $307.45 million on Aug. 21. Total net inflows over the five sessions reached $1.91779 billion, bringing cumulative net inflows across all ETFs to $53.71 billion.

BlackRock's IBIT drew the most money, with $239.28 million in inflows. Fidelity's FBTC took in $30.19 million, followed by Grayscale Bitcoin Mini Trust's BTC with $13.62 million, Bitwise's BITB with $9.21 million, Morgan Stanley's MSBT with $7.73 million, VanEck's HODL with $4.36 million and Ark Invest's ARKB with $3.07 million. Seven funds posted net inflows.

The remaining six ETFs, including Grayscale's GBTC, recorded zero flows.

#Bitcoin ETF
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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