U.S. spot Bitcoin ETFs draw $98.85 million on Aug. 7

U.S. spot Bitcoin ETFs posted a combined net inflow of $98.8453 million on Aug. 7, Eastern Time, lifting the group's historical cumulative net inflow to $52.178 billion. Blackrock's IBIT led the day with $86.7064 million in net inflows and a historical cumulative net inflow of $61.175 billion, while Fidelity's FBTC added $40.9544 million, bringing its lifetime total to $10.036 billion. The largest single-day net outflow came from Invesco and Galaxy Digital's BTCO at $19.3722 million, although the fund still showed $152 million in historical cumulative net inflows. As of publication, spot Bitcoin ETFs held $79.497 billion in net asset value and a net asset ratio (ETF assets as a share of Bitcoin's total market value) of 6.1%.

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U.S. spot Bitcoin ETFs draw $98.85 million on Aug. 7 - CoinPost Terminal