PANews, August 25: According to SoSoValue data, the total net inflow into spot Bitcoin ETFs yesterday (August 24, Eastern Time) was $338 million. The Bitcoin spot ETF with the highest single-day net inflow was BlackRock’s IBIT, which saw $209 million in net inflows yesterday; IBIT’s cumulative net inflow to date stands at $62.636 billion. Second was Fidelity’s FBTC, with $105 million in net inflows yesterday; FBTC’s cumulative net inflow to date is $10.28 billion.
Bitcoin spot ETFs recorded a $338 million net inflow on August 24, marking the sixth consecutive day of inflows.
PANewsShare
Summary
Bitcoin news: Spot ETFs recorded a $338 million net inflow on August 24, marking the sixth consecutive day of inflows. BlackRock’s IBIT added $209 million, bringing its total to $62.636 billion. Fidelity’s FBTC received $105 million, now totaling $10.28 billion. On-chain data shows sustained strong demand for Bitcoin exposure.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.