8th Consecutive Day of Net Inflows for Bitcoin Spot ETFs
Yesterday, August 26th (Eastern Time), Bitcoin spot ETFs saw a total net inflow of $232 million. According to SoSoValue data, this marks an eighth consecutive day of net inflows. The largest single-day net inflow was seen in Blackrock's IBIT ETF with $201 million, bringing its historical total net inflow to $6.31 billion.
Grayscale's Bitcoin Mini Trust ETF BTC came in second with a net inflow of $4.69 million, while its total historical net inflow stands at $284.6 million. On the other hand, Grayscale's GBTC saw the largest single-day net outflow with $50.39 million, and has seen a total historical net outflow of $27.58 billion.
As of writing, Bitcoin spot ETFs have a combined total asset value of $98.6 billion, representing 6.26% of Bitcoin's total market capitalization. The cumulative net inflow since inception now stands at $54.59 billion.