BlackRock Drives $217M Rebound in US Bitcoin ETF Inflows
U.S.-listed Bitcoin ETFs reversed a significant outflow on August 31st, drawing in $216.7 million after a $201.8 million exit the previous session.
This rebound is attributed to BlackRock, which led the charge, according to SoSoValue data.
The return of inflows signals renewed institutional demand for Bitcoin ETFs and may support crypto adoption and BTC price discovery.