Bitcoin ETF Flows Show Limited Demand After $137M Inflow

A recent $137.3 million U.S. spot Bitcoin ETF inflow on Aug. 17 was largely due to Fidelity's FBTC, which supplied $111.9 million, or 81.5% of the total.

This inflow recouped only 35.6% of a prior five-session net outflow of $385.2 million, leaving a six-session cumulative net outflow of $247.9 million.

Fidelity Wise Origin Bitcoin Fund's dominance in this session raises questions about the broader demand for ETFs and limited institutional participation.