Bitcoin spot ETFs see $298 million net inflow on Aug. 17; BlackRock's IBIT tops the list with $160 million
AI Market Summary
Bitcoin spot ETFs saw a $298M net inflow on Aug 17, led by BlackRock's IBIT (+$160M) and Fidelity's FBTC (+$112M). Total spot BTC ETF NAV reached ~$78.7B, with an ETF-to-Bitcoin market-cap ratio of ~6.1% and cumulative inflows ~$52.1B. The data signals sustained institutional demand and supports near-term liquidity and positioning in BTC-linked markets.
Impact level
● High
Affected assets
BTC/USDT+0.95%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin spot exchange-traded funds attracted $298 million in net inflows on Aug. 17 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily.
BlackRock's iShares Bitcoin Trust (IBIT) posted the largest single-day net inflow at $160 million, lifting its cumulative net inflows to $61.256 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) followed with $112 million in net inflows, bringing its historical total to $9.994 billion.
As of publication, spot Bitcoin ETFs held $78.671 billion in total net asset value. Their net asset ratio—ETF market value as a share of Bitcoin's total market capitalization—stood at 6.09%, while cumulative net inflows since launch reached $52.086 billion.
