Crypto
Bitcoin ETFs Post Largest Single-Day Influx Since May 1
Bitcoin ETFs pulled in $606.29 million on August 20, marking the largest single-day influx of funds since May 1. This is part of a four-consecutive-day streak of inflows, with previous days bringing in $517.19 million and $189.30 million.
The total cumulative net inflows for Bitcoin ETFs now stand at $53.40 billion. BlackRock's IBIT led the day's inflows, accounting for over 80% of the total with a contribution of $502.99 million.
Ethereum ETFs also experienced significant growth, adding $221 million on August 20 and extending their own four-day streak of inflows.