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PiCK

US Spot-Bitcoin ETFs Extend Net Inflow Streak to Five Sessions

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Forecast Trend Report by Period

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Photo: SoSoValue
Photo: SoSoValue

US spot-Bitcoin exchange-traded funds posted net inflows for a fifth straight trading session.

Data from SoSoValue showed the 13 US-listed spot-Bitcoin ETFs took in a combined $307.45 million in net inflows on Aug. 21.

The funds have recorded net inflows in each of the past five trading days: $297.56 million on Aug. 17, $189.30 million on Aug. 18, $507.19 million on Aug. 19, $606.29 million on Aug. 20 and $307.45 million on Aug. 21. Total net inflows over the five-session stretch reached $1.91779 billion, bringing cumulative net inflows for the group to $53.71 billion.

BlackRock's IBIT led the gains with $239.28 million in net inflows. Fidelity's FBTC added $30.19 million, followed by Grayscale Bitcoin Mini Trust BTC at $13.62 million, Bitwise's BITB at $9.21 million, Morgan Stanley's MSBT at $7.73 million, VanEck's HODL at $4.36 million and Ark Invest's ARKB at $3.07 million. Seven funds posted net inflows.

The remaining six ETFs, including Grayscale's GBTC, were flat with zero flows.

#Crypto ETF

cow5361@bloomingbit.ioHello, I'm a reporter at bloomingbit

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