Crypto
Spot-Bitcoin ETFs See Significant Net Inflows
US spot-Bitcoin exchange-traded funds (ETFs) have seen a significant surge in net inflows, according to recent data from Farside Investors. On August 18, these funds recorded combined net inflows of $297.5 million.
The top performers were BlackRock's IBIT and Fidelity's FBTC, which drew in $160.2 million and $111.9 million respectively. Ark Invest's ARKB and Morgan Stanley's MSBT also saw notable gains with $14.2 million and $11.2 million in net inflows.
It is worth noting that no other spot-Bitcoin ETFs recorded any net inflows or outflows during this period.