Crypto
Bitcoin ETFs Soak Up $606 Million as Investor Interest Booms
Spot Bitcoin ETFs have attracted significant investment in recent days, with a combined $606.3 million flowing into these funds on August 20.
The largest recipient of this influx was BlackRock's IBIT, which drew in $503 million, followed by Fidelity's FBTC with $64.7 million and Bitwise's BITB with $26.4 million.
Ark Invest's ARKB also received $12.2 million, while Invesco's BTCO took in $3.6 million.
In contrast, VanEck's HODL posted net outflows of the same amount, $3.6 million.