BlackRock Dominates Spot Bitcoin ETF Inflows With $216.7M Rebound
Spot Bitcoin exchange-traded funds (ETFs) rebounded on August 31 with approximately $216.7 million in net inflows, a reversal of a one-day outflow streak.
The turnaround was led by BlackRock's iShares Bitcoin Trust (IBIT), which attracted $205.9 million, marking a strong single-day recovery.
Fidelity's FBTC added $6.9 million, while Bitwise's BITB saw $4.3 million in inflows. Morgan Stanley's newly launched MSBT contributed $3.6 million, and Grayscale's Mini Bitcoin Trust (BTC) brought in $9.4 million.
The only notable outflow came from VanEck's HODL, which saw $13.4 million leave the fund.