Bitcoin ETFs pull $517 million as BlackRock's IBIT drives inflows
Macro & Markets ·
U.S. spot Bitcoin ETFs logged $517 million in net inflows on Aug. 19, with BlackRock's fund again the largest single contributor, while spot Ether ETFs added $189 million on the day.
U.S.-listed spot Bitcoin ETFs took in $517 million in net inflows on Aug. 19, according to figures reported by WuBlockchain. BlackRock's IBIT accounted for $285 million of that total, more than half of the day's inflows across the category.
Spot Ether ETFs also posted gains, drawing $189 million in net inflows on the same day. BlackRock's ETHA fund led that segment as well, taking in $122 million, according to the same report.
The figures point to continued demand for U.S.-listed spot crypto funds tied to both Bitcoin and Ether, with BlackRock positioned as the dominant issuer across both asset classes. BlackRock is described in the report as the world's largest asset manager, a status underscored by its lead role in both the Bitcoin and Ether ETF flows recorded that day.
The inflow data aligns with broader tracking from SoSoValue, which similarly recorded notable inflows across spot BTC and ETH ETFs, corroborating the scale of the Aug. 19 activity across the two crypto ETF categories.
Not detailed in the available reporting is how the day's inflows compare to prior sessions, whether the trend extended into subsequent days, or how flows were distributed among the other, non-BlackRock issuers competing in the spot Bitcoin and Ether ETF markets.