Crypto
Bitcoin Spot ETFs Log Third Straight Week of Net Inflows Amid Institutional Demand
The U.S. spot Bitcoin ETF market is experiencing significant momentum, with net inflows of approximately $986.9 million (about ¥153.9 billion) recorded during the week of August 31 to September 4.
This marks a third consecutive week of positive flows and brings the cumulative total over the past three weeks to around $3.8 billion (about ¥592.6 billion).
The iShares Bitcoin Trust (IBIT), managed by BlackRock, was the primary driver of capital inflows, absorbing approximately $691.5 million (about ¥107.8 billion) for the week and accounting for nearly 70% of total inflows across all spot Bitcoin ETFs.