Crypto
BlackRock's Dominance Continues as Bitcoin ETFs Surge to New High
U.S. spot Bitcoin ETFs saw their largest single-day haul since May 1, taking in $606.29 million on August 20.
This marks a fourth consecutive day of inflows for these funds, with the four-day total reaching approximately $1.61 billion.
The majority of this influx can be attributed to BlackRock's IBIT, which collected $502.99 million and accounted for around 83% of all inflows into U.S. spot Bitcoin ETFs on that day.
Ethereum funds also saw significant gains, adding nearly $221 million, while XRP and Solana funds took in $13 million and $15 million respectively.