Bitcoin, Ethereum Spot ETFs Attract Over $1.75B Combined

Bitcoin spot ETFs saw significant net inflows between August 24th and 28th, totaling $924.48 million according to SoSoValue data.

The funds recorded positive flows in four out of five trading sessions during the period, with the exception being a $201.81 million net outflow on August 28th that reduced the total gross inflow from the previous four days.

BlackRock's IBIT led the way with an impressive $938.32 million in net inflows, surpassing even the total Bitcoin spot ETF net inflow of $924.48 million due to offsetting outflows in other funds.

The Ethereum spot ETFs also experienced strong demand during this period, attracting a net $824.42 million in net inflows with BlackRock's ETHA leading the way at $567.03 million.