Bitcoin Spot ETFs Extend Nine-Day Inflow Streak
U.S. spot Bitcoin ETFs attracted $242 million in net inflows on August 27, extending their winning streak to nine consecutive days.
This follows a period of strong buying across both Bitcoin and Ethereum funds, with BlackRock's iShares Bitcoin Trust (IBIT) contributing significantly to the growth.
The parallel streak between Bitcoin and Ethereum ETFs highlights continued demand for exposure to these two largest cryptocurrencies through regulated investment products.
Institutional capital is flowing into spot Solana ETFs as well, with $60.91 million in inflows recorded on August 27.