Key Takeaways
- Bitcoin ETFs reported inflows for 8 of the last 10 days.
- BlackRock's iShares Bitcoin Trust led with $55.4 million in inflows.
- Grayscale's Bitcoin Trust saw a $12.8 million net outflow.
U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded positive flows in eight of the last ten trading days, accounting for 80% of the period’s total trading days.
Tracking
According to Farside Investors, on August 20, Bitcoin ETFs saw their highest two-week inflow, totaling $88 million.
BlackRock’s iShares Bitcoin Trust (IBIT) led with $55.4 million of the total, boosting its cumulative net inflow to $20.5 billion since its January launch.
Notably, IBIT has experienced only one day of outflows, back on May 1.
Other than IBIT
Following IBIT, Ark 21Shares Bitcoin ETF posted inflows of $51.9 million, while the Grayscale Bitcoin Trust (GBTC) reported net outflows of $12.8 million on the same day. Bitwise Bitcoin ETF (BITB) also saw minor outflows of $6.5 million.
Grayscale’s performance has been lackluster recently, with its flagship fund losing $19.6 billion in assets over the past seven months. However, its Bitcoin Mini Trust has gained $288 million since its launch on July 31.
