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US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional demand for regulated Bitcoin exposure.
BlackRock’s iShares Bitcoin Trust (IBIT) let the days inflow with $75.5 million. Launched in April 2024, IBIT has quickly become the biggest spot Bitcoin ETF, with over $20 billion in assets under management.
Fidelity’s Wise Origin Bitcoin Trust took in another $9.2 million, while the ARK 21Shares Bitcoin ETF saw inflows of $7.8 million. Smaller spot bitcoin ETFs like VanEck’s and WisdomTree’s also added several million each.
However, Grayscale’s…
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