Bitcoin Spot ETF Inflows Soar to $487M in Two Days

Bitcoin spot exchange-traded funds (ETFs) have seen a significant rebound in inflows, with $487 million entering the market over two days. This follows three straight trading days of net outflows from August 12 to 14, during which about $250 million left.

The recent inflow surge is largely attributed to BlackRock's IBIT (iShares Bitcoin Trust), which attracted $143.6 million in a day, accounting for the largest share. Fidelity's WBTC (Wise Origin Bitcoin Fund) also saw an inflow of $23.9 million.

Cumulative net inflows into Bitcoin spot ETFs now stand at about $52.28 billion, with total net assets reaching around $79.3 billion. The trend suggests that the market has maintained large-scale funds despite a mid-term correction phase.