Bitcoin ETFs See $338M Inflow, Extending Streak to $2.26B

U.S. spot Bitcoin exchange-traded funds recorded net inflows of $337.6 million on Monday, August 24, extending a six-day winning streak that has brought total cumulative inflows to approximately $2.26 billion. The sustained buying, led by BlackRock's iShares Bitcoin Trust, coincided with Bitcoin's price trading above $80,000 and a notable shift in market sentiment toward risk appetite. According to data from Farside Investors, BlackRock's iShares Bitcoin Trust (IBIT) attracted $208.9 million, accounting for roughly 62% of the day's total inflow. Fidelity's Wise Origin Bitcoin Fund followed with $104.6 million.