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Sixth Straight Inflow Session for U.S. Spot Bitcoin ETFs

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BTC
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U.S. spot Bitcoin ETFs continued their streak of strong inflows on August 24, attracting $337.6 million in new investments. According to Farside Investors data published by Bloomingbit, this marks a sixth consecutive session of net inflows for these exchange-traded funds.

The largest contributors to the influx were BlackRock's IBIT with $208.9 million and Fidelity's FBTC with $104.6 million. Together, they accounted for approximately 93% of Monday's net inflows.

It is essential not to confuse these daily flows with new bitcoin mining or corporate treasury activities. The concentration pattern remains consistent, with the top two ETFs dominating the inflow figures.

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