U.S. spot Bitcoin exchange-traded funds recorded $189 million in total net inflows on Aug. 18 Eastern Time, according to SoSoValue. BlackRock’s IBIT led the group with $144 million in daily net inflows, bringing its cumulative historical net inflows to $61.4 billion. Fidelity’s FBTC followed with $23.92 million in daily net inflows and $10.02 billion in cumulative inflows. On the outflow side, VanEck’s HODL posted the largest daily net outflow at $16.92 million, while its historical cumulative net inflows stood at $1.07 billion. Separately, Hashdex said its spot Bitcoin ETF DEFI has begun a closure and liquidation process due to factors including asset size, trading liquidity, and operating costs. The fund ended trading on NYSE Arca on Aug. 17 and is set to be delisted afterward. Starting Aug. 18, the fund began liquidating its remaining Bitcoin holdings and expects to distribute cash liquidation proceeds to shareholders around Aug. 24. Bloomberg data showed DEFI had about $7.28 million in assets under management as of July 30. As of publication, total net assets across spot Bitcoin ETFs stood at $79.3 billion, with an ETF net asset ratio of 6.12% and cumulative historical net inflows of $52.28 billion.
U.S. spot Bitcoin ETFs recorded $189 million in total net inflows on Aug. 18 Eastern Time, according to SoSoValue.
IBIT led daily inflows
BlackRock’s spot Bitcoin ETF IBIT posted the largest daily net inflow at $144 million. Its cumulative historical net inflows have now reached $61.4 billion. Fidelity’s FBTC ranked second with $23.92 million in daily net inflows, bringing its cumulative historical net inflows to $10.02 billion.
HODL saw the biggest outflow as DEFI entered liquidation
VanEck’s HODL posted the largest daily net outflow among spot Bitcoin ETFs at $16.92 million. Its cumulative historical net inflows stand at $1.07 billion.
Separately, Hashdex’s spot Bitcoin ETF DEFI has started a closure and liquidation process due to factors including asset size, trading liquidity, and operating costs. The fund ended trading on NYSE Arca on Aug. 17 and will be delisted afterward. Beginning Aug. 18, the fund started liquidating its remaining Bitcoin holdings and expects to pay cash liquidation proceeds to holders around Aug. 24.
Sector totals at publication time
Bloomberg data showed that DEFI had about $7.28 million in assets under management as of July 30. As of publication, total net assets of spot Bitcoin ETFs stood at $79.3 billion. The ETF net asset ratio, defined as the share of market value relative to Bitcoin’s total market capitalization, was 6.12%, while cumulative historical net inflows reached $52.28 billion.
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