US Spot-Bitcoin ETFs Add $242 Million, Mark Ninth Straight Session of Inflows
Forecast Trend Report by Period
US spot-Bitcoin exchange-traded funds recorded net inflows for a ninth consecutive trading session, drawing $242 million on Aug. 27.
Odaily, citing SoSoValue data, reported on Aug. 28 that total net inflows into US spot-Bitcoin ETFs reached $242 million on Aug. 27.
BlackRock's IBIT led with $278 million in net inflows. Since launch, the fund has accumulated $63.398 billion in net inflows.
ARK Invest and 21Shares' ARKB also posted net inflows of $29.7484 million. Fidelity's FBTC, by contrast, logged net outflows of $83.628 million, the largest among the funds that day.
Total net assets in US spot-Bitcoin ETFs stood at $100.927 billion, equivalent to about 6.28% of Bitcoin's total market capitalization. Cumulative net inflows since launch were $54.832 billion.
