Bitcoin spot ETFs drew $307 million on Aug. 21, extending inflow streak to five days
AI Market Summary
Spot Bitcoin ETFs posted a $307M net inflow on Aug 21, extending inflows to five consecutive sessions. BlackRock's IBIT led with $239M, lifting its cumulative inflows to $62.427B, while Fidelity's FBTC added $30.19M (total $10.176B). Total spot BTC ETF NAV stands at $96.069B, about 6.17% of Bitcoin's market cap, signaling sustained institutional demand.
Impact level
● Medium
Affected assets
BTC/USDT+1.17%
AI Insight · BTC/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
ME News cites SoSoValue data showing spot Bitcoin ETFs logged total net inflows of $307 million on Aug. 21 (U.S. Eastern Time). As of Aug. 22 (UTC+8), BlackRock's IBIT led the day with $239 million in net inflows, lifting its cumulative net inflows to $62.427 billion. Fidelity's FBTC ranked second, adding $30.1885 million, with historical net inflows now at $10.176 billion.
At the time of reporting, spot Bitcoin ETFs held $96.069 billion in total net asset value. Their combined ETF net asset ratio—market value as a share of Bitcoin's total market capitalization—stood at 6.17%. Cumulative net inflows since launch totaled $53.706 billion. (Source: SoSoValue)