U.S. Bitcoin, Ethereum ETFs Draw $454 Million in Inflows, Led by BlackRock

U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) drew combined net inflows of $454 million on Aug. 24, with BlackRock funds accounting for the largest share in both categories.

Individually, Spot Bitcoin ETFs posted $338 million in net inflows, including $209 million for BlackRock’s iShares Bitcoin Trust (IBIT).

U.S. spot Ethereum ETFs recorded $116 million in net inflows. BlackRock’s iShares Ethereum Trust (ETHA) attracted $90.92 million. 

BlackRock, the world’s largest asset manager with about $15.3 trillion in assets under management (AUM), led the day’s inflows across both spot crypto ETF categories.

Source: SoSoValue