BlackRock leads Bitcoin and Ethereum ETF inflows on Aug. 24

BlackRock led net inflows across both spot Bitcoin and Ethereum ETFs on Aug. 24, with its iShares Bitcoin Trust (IBIT) recording a $209 million inflow and its Ethereum fund ETHA adding $90.92 million. Spot Bitcoin ETFs took in $337.60 million in total net inflows, while spot Ethereum ETFs added $116 million for a sixth straight day of gains. IBIT accounted for roughly 62% of bitcoin ETF inflows and ETHA about 78% of ether ETF inflows, reinforcing BlackRock’s role as the main institutional gateway for crypto ETF exposure. Aggregate net assets in spot Bitcoin ETFs stood at $79.16 billion, with bitcoin trading above $80,000 and ether near $2,486. Separately, on-chain data have also shown BlackRock moving large bitcoin and ether balances into wallets tied to IBIT, ETHA and ETHB.

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