Spot Bitcoin ETFs Post Inflow of $88M

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United States spot Bitcoin exchange-traded funds (ETFs) have continued to attract positive inflows, with eight out of the past ten trading days showing net inflows.

On August 20, these ETFs experienced an aggregate inflow of $88 million, marking their highest inflow in two weeks. This represents 80% of the total trading days in the past fortnight with positive flows, with only two days—August 9 and August 14—seeing outflows.

BlackRock’s iShares Bitcoin Trust (IBIT) led the way with an inflow of $55.4 million, bringing its total net inflow since launch in January to $20.5 billion. IBIT, which has surpassed Grayscale in terms of assets under management (AUM), has not seen an outflow day since May 1.

The Ark 21Shares Bitcoin ETF (ARKB) followed closely with an inflow of $51.9 million on August 20.