Inflows into Spot Bitcoin ETFs Reach $65M
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23 August

On Thursday, US-based spot Bitcoin exchange-traded funds posted combined net inflows of $64.91 million, marking the sixth consecutive day of positive flows.

The largest spot Bitcoin ETF, BlackRock's IBIT, recorded the largest inflows, with $75.49 million, according to SoSoValue.

Fidelity's FBTC posted inflows of $9.23 million, Ark and 21Shares' ARKB saw an inflow of $7.83 million, WisdomTree's BTCW registered $4.8 million in inflows and VanEck's HODL $3.41 million.

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However, Grayscale's GBTC and Bitwise's BITB had net outflows of $28.36 million and $11.15 million, respectively.

Total trading volume for the 12 spot Bitcoin ETFs on Thursday was $889.67 million, lower than the previous day's volume of $1.42 billion.

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On the other hand, total net outflows for the nine US spot Ethereum ETFs were $874,610 on Thursday.

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