Spot Bitcoin ETFs log $606 million in net inflows on Aug. 20, extending streak to four days
AI Market Summary
US spot Bitcoin ETFs posted a $606m net inflow on Aug 20, extending inflows to four consecutive sessions, signaling renewed institutional demand. BlackRock's IBIT dominated with $503m, reinforcing its role as the primary liquidity and allocation vehicle. Rising cumulative inflows ($53.4bn) and ETF assets ($90.2bn, 6.18% of BTC market cap) support near-term market depth and sentiment around BTC.
Impact level
● High
Affected assets
BTC/USDT+8.12%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Spot Bitcoin ETFs attracted $606 million in net inflows on Aug. 20 (U.S. Eastern Time), extending the run of daily inflows to four sessions, ME News reported citing SoSoValue data as of Aug. 21 (UTC+8).
BlackRock's iShares Bitcoin Trust (IBIT) led the group with $503 million of single-day net inflows, bringing its cumulative net inflows to $62.187 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) ranked second with $64.7375 million in net inflows, lifting its historical total to $10.146 billion.
VanEck's Bitcoin Trust (HODL) posted the largest single-day net outflow, with $3.5916 million leaving the fund; its cumulative net inflow stands at $1.062 billion.
As of publication, spot Bitcoin ETFs held $90.164 billion in total net asset value. The sector's net asset ratio—ETF market capitalization as a share of Bitcoin's total market cap—was 6.18%, while cumulative net inflows reached $53.399 billion. (Source: SoSoValue)
