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Bitcoin ETFs Pull in $189 Million as August Inflows Near $1 Billion
US-listed spot Bitcoin ETFs recorded $189.3 million in net inflows on Tuesday, pushing August's total net inflows to roughly $951 million. The gains followed $297.6 million added on Monday, bringing the two-day total to $487 million, over half of the month's inflows so far, according to SoSoValue data.
US-listed spot Bitcoin ETFs recorded $189.3 million in net inflows on Tuesday, pushing August’s total net inflows to roughly $951 million. The gains followed $297.6 million added on Monday, bringing the two-day total to $487 million, over half of the month’s inflows so far, according to SoSoValue data.
BlackRock and Fidelity Lead the Way
BlackRock’s iShares Bitcoin Trust led Tuesday’s inflows with $143.6 million, followed by Fidelity’s Wise Origin Bitcoin Fund at $23.9 million. The rebound comes after three straight sessions of outflows between August 12 and 14, during which the funds lost about $250 million.
Cumulative Totals Continue Climbing
Total cumulative net inflows into US spot Bitcoin ETFs now stand at approximately $52.28 billion, with total net assets reaching around $79.3 billion.
Spot Ether ETFs added $71.5 million in net inflows on Tuesday, bringing their August total to about $345 million. At the time of writing, Bitcoin traded at $64,224, while Ether stood at $1,914.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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About the author
8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.
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