US Spot Bitcoin ETFs See Record $242M Inflow as Total Hits $3B
US spot Bitcoin exchange-traded funds (ETFs) attracted $242.3 million on August 27, marking their ninth consecutive day of net inflows.
The total amount invested in these ETFs now stands at about $3.04 billion since August 17.
BlackRock's iShares Bitcoin Trust led the inflows with a massive $277.6 million investment.
This was offset by outflows from competitors like Fidelity and Grayscale.