Spot bitcoin ETFs listed in the U.S. attracted a combined $217 million in net inflows on August 31 (Eastern Time), according to independent data provider SoSoValue. BlackRock's IBIT product was the clear leader of the day, pulling in $206 million in net subscriptions. That contribution raised IBIT's cumulative historical net inflows to $63.571 billion. In second place, Grayscale's Bitcoin Mini Trust ETF (ticker: BTC) recorded daily net inflows of $9.4165 million, bringing its cumulative total to $2.867 billion. On the opposite side, VanEck's HODL ETF saw the largest net redemption of $13.4134 million on the day. Even after that outflow, HODL still holds a cumulative net inflow of $1.049 billion. As of the time of writing, the aggregate net asset value of all spot bitcoin ETFs stands at $99.611 billion. That amount equals 6.29% of bitcoin's entire market capitalization. Furthermore, the cumulative net inflow into this product category since inception has climbed to $54.847 billion.
SoSoValue data shows U.S. spot bitcoin ETFs pulled in $217 million in net inflows on Aug. 31 (Eastern Time).
BlackRock's IBIT led the pack, posting $206 million in daily net inflows. That lifted its historical cumulative net inflow to $63.571 billion. Grayscale's Bitcoin Mini Trust ETF (BTC) came in second with $9.4165 million in daily net inflows, which raised its lifetime total to $2.867 billion.
But on the outflow side, VanEck's HODL ETF took the biggest daily net redemption at $13.4134 million. Even so, its cumulative net inflow is still in positive territory at $1.049 billion.
At press time, the combined net asset value of spot bitcoin ETFs was $99.611 billion, and the net asset ratio stood at 6.29% compared with bitcoin's total market capitalization. Cumulative historical net inflows hit $54.847 billion.
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