Bitcoin ETFs Draw $606M, Ether Funds Add $220M in Record Inflows
On August 20, U.S. spot Bitcoin ETFs saw significant inflows of $606.3 million, according to Farside Investors' daily table.
BlackRock's IBIT took in a massive $503 million, accounting for approximately 83% of the total, while Fidelity's FBTC added $64.7 million and Bitwise's BITB contributed $26.4 million.
In contrast to Bitcoin, Ether funds added only $219.5 million on the same day, with BlackRock's ETHA taking in $173.3 million and ETHB adding $35.9 million.
The combined inflows for Bitcoin and Ether were approximately $825.8 million, a significant increase over previous days.