Bitcoin ETFs Log Fourth Straight Day of $606M Inflows
U.S. spot Bitcoin exchange-traded funds saw a significant influx of capital on August 20, with net inflows totaling approximately $606.3 million. This marks the fourth consecutive trading session of positive flows.
The figure surpassed the previous day's inflows, which had already been the largest daily total in three months.
BlackRock's iShares Bitcoin Trust (IBIT) led the charge with $503.0 million in net inflows, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC) with $64.7 million and Bitwise's Bitcoin Fund (BITB) with $26.4 million.
Ark Invest's ARKB added $12.2 million, while Invesco's BTCO contributed $3.6 million. VanEck's HODL was the only fund to report a decline on the day, with net outflows of $3.6 million.
The sustained inflow streak signals growing institutional appetite for regulated Bitcoin exposure and may indicate increasing conviction among professional money managers.