Spot Bitcoin ETFs draw $307 million on Aug. 21, extending inflow streak to five days
AI Market Summary
Spot Bitcoin ETFs logged a $307m net inflow on Aug 21, extending the inflow streak to five days. BlackRock's IBIT dominated with $239m, reinforcing persistent institutional demand and deepening ETF's footprint (spot ETF NAV ~$96.1bn; ~6.17% of BTC market cap). Sustained creations can tighten spot liquidity and support near-term market resilience, while also concentrating flows into the largest ETF issuers.
Impact level
● High
Affected assets
BTC/USDT+1.21%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Spot Bitcoin ETFs posted net inflows of $307 million on Aug. 21 (U.S. Eastern Time), marking the fifth straight session of net subscriptions, according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Bitcoin Trust (IBIT) led the day with $239 million of net inflows, lifting its cumulative historical net inflow to $62.427 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) ranked second, adding $30.1885 million, with total historical net inflows reaching $10.176 billion.
As of publication, spot Bitcoin ETFs held $96.069 billion in total net asset value. Their net asset ratio—market capitalization as a share of Bitcoin's total market cap—stood at 6.17%. Cumulative net inflows since launch totaled $53.706 billion.