Bitcoin spot ETFs in U.S. log $250M net inflows this week
U.S. spot Bitcoin ETFs recorded a total net inflow of $250 million this week, according to the latest data. BlackRock’s iShares Bitcoin Trust (IBIT) was the main driver, adding $434.3 million in inflows.
Fidelity’s FBTC also posted gains of $25.1 million, while Grayscale’s newly launched Mini Bitcoin Trust added $33.2 million. Smaller inflows were seen at Invesco’s BTCO (+$2.2 million).
However, several issuers faced significant redemptions. ARK 21Shares’ ARKB lost $81.5 million, Bitwise’s BITB shed $76.9 million, and Grayscale’s flagship GBTC saw $69.7 million in outflows. VanEck’s HODL recorded $13.2 million in redemptions, and Franklin’s EZBC slipped $3.2 million.
Despite the mixed flows, overall net inflows remained positive, showing continued institutional demand for Bitcoin exposure in the U.S. market.
This week’s performance follows a strong showing at the end of August. For the week ending August 29, U.S. Bitcoin spot ETFs attracted $441 million in net inflows, according to SoSoValue data. BlackRock’s IBIT dominated then as well, pulling in $248 million and boosting its cumulative net inflows to $58.31 billion - making it the undisputed leader among Bitcoin ETFs.
ARK Invest and 21Shares’ ARKB was the second-largest contributor in late August, with $78.6 million in inflows. In contrast, Grayscale’s GBTC continued to struggle, posting $15.3 million in outflows, with cumulative historical redemptions now totaling nearly $24 billion.
As of August 29, the total net assets of U.S. Bitcoin spot ETFs stood at $139.95 billion, representing roughly 6.5% of Bitcoin’s total market capitalization.
However, several issuers faced significant redemptions. ARK 21Shares’ ARKB lost $81.5 million, Bitwise’s BITB shed $76.9 million, and Grayscale’s flagship GBTC saw $69.7 million in outflows. VanEck’s HODL recorded $13.2 million in redemptions, and Franklin’s EZBC slipped $3.2 million.
Despite the mixed flows, overall net inflows remained positive, showing continued institutional demand for Bitcoin exposure in the U.S. market.
This week’s performance follows a strong showing at the end of August. For the week ending August 29, U.S. Bitcoin spot ETFs attracted $441 million in net inflows, according to SoSoValue data. BlackRock’s IBIT dominated then as well, pulling in $248 million and boosting its cumulative net inflows to $58.31 billion - making it the undisputed leader among Bitcoin ETFs.
ARK Invest and 21Shares’ ARKB was the second-largest contributor in late August, with $78.6 million in inflows. In contrast, Grayscale’s GBTC continued to struggle, posting $15.3 million in outflows, with cumulative historical redemptions now totaling nearly $24 billion.
As of August 29, the total net assets of U.S. Bitcoin spot ETFs stood at $139.95 billion, representing roughly 6.5% of Bitcoin’s total market capitalization.
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