Bitcoin ETF

Bitcoin

Grayscale Bitcoin Trust

Bitcoin spot ETFs are seeing some serious action. On August 23, they brought in a massive $252 million in net inflows—the highest single-day amount since July 23. The funds have been on a hot streak with net inflows for seven straight days.&nbsp; 
But Grayscale’s GBTC had an outflow of $35.55 million, showing not every player is having a good time. Meanwhile, its smaller ETF, the BTC mini, saw a positive inflow of $50.83 million.&nbsp; 
Over at BlackRock, their IBIT ETF had a strong showing with an $86.83 million inflow, and Fidelity’s FBTC ETF wasn’t far behind, pulling in $63.99 million. 
<img loading="lazy" decoding="async" class="alignnone wp-image-578767 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-24-at-10.10.23.jpg" alt="Bitcoin" width="1920" height="1021" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-24-at-10.10.23.jpg 1920w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-24-at-10.10.23-300x160.jpg 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-24-at-10.10.23-1200x638.jpg 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-24-at-10.10.23-768x408.jpg 768w, https://www.cryptopolitan.com/wp-content/uploads/2024/08/Screenshot-2024-08-24-at-10.10.23-1536x817.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px"> 
At press time, the top five spot Bitcoin ETFs by assets under management (AUM) are led by Grayscale Bitcoin Trust (GBTC) with $21.4 billion in AUM.&nbsp; 
BlackRock’s iShares Bitcoin Trust (IBIT) follows with $2.2 billion. Fidelity’s Wise Origin Bitcoin Fund (FBTC) comes next at $1.34 billion, ARK’s 21Shares Bitcoin ETF (ARKB) <a href="https://sosovalue.com/assets/etf/us-btc-spot" rel="nofollow noopener" target="_blank">with</a> $637 million, and Invesco Galaxy Bitcoin ETF (BTCO) rounding out the list with $295 million.

Bitcoin spot ETFs see $252M inflow, highest since July 23

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