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Spot Bitcoin ETFs Surge Back into Favor with $216.7M Inflows

Guavy AI Editorial Team
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BTC
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U.S. spot Bitcoin exchange-traded funds (ETFs) saw a significant rebound on August 31, with $216.7 million in net inflows. This marks a reversal of a previous one-day outflow streak.

The majority of the inflows came from BlackRock's iShares Bitcoin Trust (IBIT), which attracted $205.9 million. Fidelity's FBTC added $6.9 million, while Bitwise's BITB saw $4.3 million in inflows. Morgan Stanley's newly launched MSBT contributed $3.6 million, and Grayscale's Mini Bitcoin Trust (BTC) brought in $9.4 million.

The only notable outflow came from VanEck's HODL, which saw $13.4 million leave the fund.

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