BlackRock’s IBIT Takes the Lead as Bitcoin ETFs Draw $337.6 Million

In the latest Bitcoin ETF News, BlackRock’s iShares Bitcoin Trust (IBIT) recorded $208.9 million in net inflows on August 24, while total net inflows across tracked US spot Bitcoin ETFs were $337.6 million, according to Farside Investors.

Dividing IBIT’s $208.9 million by the $337.6 million category total produces a share of about 61.9%, or roughly 62%. CoinGlass listed total spot Bitcoin ETF net inflows of $54.50 billion, equivalent to 681,290 BTC, as of its August 24 update.

The same update showed daily net inflows of $337.60 million, or 4,340 BTC, daily trading volume of $8.23 billion, and total net assets of $79.16 billion.

Bitcoin ETF News: Recent Daily Flow Data ETF flows just flipped from red to green, and one fund is soaking up nearly all of it.