Bitcoin ETF Flows Rebound as BlackRock Dominates with $205.9 Million Inflows
US-listed spot Bitcoin ETFs rebounded on Monday, August 31, after a one-session reversal, drawing in $216.7 million in net inflows.
This marks a return to positive flows following a $201.8 million exodus the previous session, which had interrupted nine consecutive trading sessions of inflows totaling more than $3 billion.
BlackRock's iShares Bitcoin Trust ETF (IBIT) dominated Bitcoin ETF flows, attracting $205.9 million and accounting for roughly 95% of net inflows across U.S. spot Bitcoin ETFs, according to Farside Investors data.
Grayscale's Bitcoin Mini Trust was the second-largest recipient of funds, with $9.4 million in inflows. Other notable recipients included Fidelity's Wise Origin Bitcoin Fund (FBTC) and Bitwise's Bitcoin ETF (BITB), which drew in $6.9 million and $4.3 million respectively.
On the other hand, VanEck's Bitcoin ETF (HODL) was the only fund to record net outflows, posting a loss of $13.4 million.