Loading IndicatorLoading Indicator

PiCK

US Spot-Bitcoin ETFs Take In $232.2 Million for Eighth Straight Session

Source
Suehyeon Lee

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Farside Investors
Photo: Farside Investors

U.S. spot-Bitcoin exchange-traded funds attracted more than $200 million, extending a streak of institutional inflows.

Farside Investors data released on August 27 showed U.S. spot-Bitcoin ETFs recorded net inflows of $232.2 million on August 26. That marked the eighth consecutive trading session of net inflows.

BlackRock's IBIT led the gains with $200.8 million in net inflows. Fidelity's FBTC drew $25.6 million, while Bitwise's BITB added $6 million. BTC and MSBT also posted inflows of $46.8 million and $3.4 million, respectively.

Grayscale's GBTC, by contrast, recorded net outflows of $50.4 million. 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.

What do you think about this news?








PiCK News






Hashtag News