Bitcoin spot ETFs pull in $338 million on Aug. 24, extending inflow streak to six days

AI Market Summary
Spot Bitcoin ETFs posted a $338M net inflow on Aug 24, extending inflows to six straight sessions and highlighting sustained institutional demand. IBIT and FBTC led activity, reinforcing that large managers remain the primary marginal buyers. With total spot ETF NAV near $98.6B and cumulative inflows above $54B, the ETF bid remains a key near-term liquidity and positioning driver for BTC.
Impact level
● High
Affected assets
BTC/USDT+4.10%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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ChainThink said SoSoValue data show spot Bitcoin ETFs posted $338 million in net inflows on Aug. 24, marking a sixth straight session of net subscriptions. BlackRock's IBIT led daily inflows, adding $2.09 billion and lifting its cumulative net inflow to $62.636 billion. Fidelity's FBTC ranked second with $1.05 billion in single-day inflows, taking its total to $10.28 billion. As of publication, spot Bitcoin ETFs held $98.558 billion in total net asset value. Their net asset ratio stood at 6.22% of Bitcoin's total market capitalization, while cumulative net inflows since launch reached $54.044 billion.