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The net inflow of the US Bitcoin ETF on the 9th was 242 million, with BlackRock (BLK.US) and IBIT (IBIT.US) leading
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According to Woofun AI, the US Bitcoin spot ETF market ushered in net capital inflows for the 9th consecutive trading day. IBIT (IBIT.US), a subsidiary of BLK.US (BLK.US), led by an absolute advantage, indicating that the willingness of institutional funds to allocate compliant digital assets continues to heat up.

The SosoValue data was tracked to August 27, and the net inflow for the entire market climbed to US$242.24 million on the same day. Among them, BlackRock (BLK.US)'s IBIT (IBIT.US) absorbed as much as 277.61 million US dollars in a single day, establishing its dominant position in the market. Other funded products include 21Shares' ARKB (ARKB.US) (net inflow of $29.75 million), Bitwise's BITB (BITB.US) (net inflow of $21.74 million), Grayscale's Bitcoin Mini Trust BTC (BTC.US) (net inflow of $11.66 million), Morgan Stanley (MS.US)'s MSBT.US (net inflow of $6.66 million), and VanEck's HODL (HODL.US) ETF (net inflow of $5.66 million).

According to data compiled by Woofun AI, there is a marked trend of capital concentration towards leading and emerging low-cost products, and the head effect is further intensifying.

In stark contrast, Fidelity's FBTC (FBTC.US) experienced a net outflow of $83.63 million, while Grayscale's GBTC (GBTC.US) also had an outflow of $27.21 million. This differentiation reflects investors gradually turning to alternatives with lower rates or updated structures after the product went live in January 2024.

Despite partial outflows, the total asset size of a Bitcoin spot ETF has surpassed $60 billion since its listing, completely restructured the channel for traditional capital to enter the Bitcoin market.

The core variables driving this continued inflow are the implementation of options trading mandates, clarification of regulatory frameworks, and deepening consensus on Bitcoin as a mainstream asset class. This has built a bridge between traditional finance and digital assets, indicating that professional fund managers are steadily increasing their exposure through ETF channels, supporting prices in the short term, and accelerating the mainstream process of crypto assets in the long run.


Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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