Spot Bitcoin exchange-traded funds recorded $338 million in total net inflows on Aug. 24, Eastern Time, according to data from SoSoValue, marking the sixth straight day of positive flows. BlackRock’s IBIT led all products on the day with $209 million in net inflows, bringing its cumulative historical net inflows to $62.636 billion. Fidelity’s FBTC ranked second with $105 million in daily net inflows, while its cumulative total reached $10.280 billion. As of publication, the total net asset value of spot Bitcoin ETFs stood at $98.558 billion. Their net asset ratio, measured as a share of Bitcoin’s total market capitalization, was 6.22%. Historical cumulative net inflows across spot Bitcoin ETFs reached $54.044 billion. The figures were cited by Odaily from SoSoValue data.
Spot Bitcoin ETFs logged $338 million in total net inflows on Aug. 24, Eastern Time, according to SoSoValue data cited by Odaily. The latest figure extended the streak of net inflows to six consecutive days.
IBIT led daily inflows, followed by FBTC
BlackRock’s IBIT recorded the largest single-day net inflow among spot Bitcoin ETFs, bringing in $209 million. Its cumulative historical net inflows have now reached $62.636 billion.
Fidelity’s FBTC ranked second for the day with $105 million in net inflows. Its cumulative historical net inflows stand at $10.280 billion.
Total net assets reached $98.558 billion
As of publication, the total net asset value of spot Bitcoin ETFs was $98.558 billion. The ETF net asset ratio, measured as the share of Bitcoin’s total market capitalization, stood at 6.22%. Historical cumulative net inflows across spot Bitcoin ETFs reached $54.044 billion.
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