BlackRock Adds Over 60% of Bitcoin's $338 Million ETF Inflow While ETH Also Jumps

BlackRock led net inflows across both Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) on Aug. 24, with a $209 million Bitcoin ETF inflow from its iShares Bitcoin Trust (IBIT) and $90.92 million from its Ethereum fund, ETHA.

Spot Bitcoin ETFs recorded $337.60 million in total net inflows for the day, per CoinGlass data. Spot Ethereum ETFs added $116 million, marking a sixth straight day of gains.

BlackRock Leads Bitcoin ETF Inflows IBIT’s $209 million accounted for roughly 62% of the day’s total Bitcoin ETF inflow, CoinGlass data shows. The fund extended a stretch of strong demand that included a $606 million Bitcoin inflow just days earlier.

BlackRock Leads $338 Million Bitcoin ETF Inflow as Ether Funds Add $116 MillionU.S. spot Bitcoin ETFs recorded $338 million in net inflows on Aug.