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Crypto

US Spot Bitcoin ETFs See Second Consecutive Day of Inflows

Guavy AI Editorial Team
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BTC
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U.S. spot Bitcoin exchange-traded funds saw their second consecutive trading day of positive flows on Aug. 4, adding $211.5 million to their assets under management, according to data from Farside Investors.

The inflows, led by BlackRock's iShares Bitcoin Trust (IBIT), which accounted for the majority of the day's inflows with $170.3 million in new money, and Fidelity's Wise Origin Bitcoin Fund (FBTC) with $19.6 million, suggest a renewed interest from institutional investors.

This follows a similarly positive session on the previous trading day, indicating a potential shift in momentum after weeks of net outflows in July.

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