Bitcoin spot ETFs bring in $1.918 billion over the week
Odaily Star Daily reported, citing SoSoValue data, that Bitcoin spot ETFs recorded $1.918 billion in net inflows during the trading days from Aug. 17 to Aug. 21, U.S. Eastern time.
IBIT and FBTC lead weekly inflows
BlackRock’s Bitcoin spot ETF IBIT posted the largest weekly inflow at $1.331 billion. Its cumulative historical net inflows now stand at $62.43 billion.
Fidelity’s FBTC came next with $293 million in weekly inflows, bringing its cumulative historical net inflows to $10.18 billion.
HODL posts the largest weekly outflow
VanEck’s HODL saw the largest weekly outflow among Bitcoin spot ETFs, at $16.1496 million. Its cumulative historical net inflows now stand at $1.07 billion.
Snapshot at press time
As of press time, Bitcoin spot ETFs held $96.07 billion in net assets. Their ETF net asset ratio, measured as market value versus Bitcoin’s total market cap, stood at 6.17%. Cumulative historical net inflows reached $53.71 billion.