Spot-Bitcoin ETFs Attract $98M in Net Inflows as Fidelity and BlackRock Lead

US-listed spot-Bitcoin exchange-traded funds (ETFs) saw significant inflows last week, with net inflows totaling $98.85 million on August 7. This comes as part of a larger trend, with cumulative net inflows for the category reaching $52.18 billion.

BlackRock's IBIT led the gains, attracting $86.71 million in new investments, followed closely by Fidelity's FBTC with $40.95 million. Meanwhile, Invesco's BTCO recorded net outflows of $19.37 million, while VanEck's HODL and Hashdex's DEFI saw outflows of $10.55 million and $2.94 million respectively.

BlackRock's IBIT remains the largest spot-Bitcoin ETF by cumulative net inflows, boasting a total of $61.17 billion, with Fidelity's FBTC coming in second at $10.04 billion. In contrast, Grayscale's GBTC has seen significant outflows, logging $27.46 billion in net outflows.