Crypto
BlackRock Leads Bitcoin ETF Surge with $128 Million Inflows
US spot-Bitcoin exchange-traded funds (ETFs) saw significant inflows in a single day, totaling $128.69 million.
The majority of these inflows were led by BlackRock's IBIT, which drew $128.33 million into the fund.
Fidelity's FBTC and Morgan Stanley's MSBT also posted gains, with $11.2 million and $14.94 million in net inflows, respectively.
However, not all ETFs fared well, as VanEck's HODL saw $32.77 million in net outflows, while Valkyrie's BRRR lost $9.07 million.
The data from Trader T on August 6 highlighted the significant interest in these funds, with several other ETFs also recording inflows or no net flows.