Crypto
Bitcoin ETFs Soar with $170M Inflow as Blackrock Leads the Charge
Bitcoin ETFs attracted $170.09 million at the start of this week, marking a significant gain for the category. Blackrock's IBIT led the charge with $111.43 million in inflows, accounting for nearly two-thirds of the category's daily net inflow.
Fidelity's FBTC returned to positive territory with a $33.36 million addition, while Franklin Templeton's EZBC attracted $9.23 million and Invesco's BTCO received $6.67 million.
No bitcoin ETF posted a withdrawal, with the category starting August in the green. Total trading value reached $2.11 billion, the largest turnover among the tracked crypto ETF categories.