Spot Bitcoin ETFs post $242 million net inflow on Aug. 27, extending streak to nine days
AI Market Summary
US spot Bitcoin ETFs saw a $242m net inflow on Aug 27, extending inflows to nine straight sessions, signalling persistent institutional demand and improved market absorption. BlackRock's IBIT led with $278m, while Fidelity's FBTC posted an $83.6m outflow, indicating rotation rather than broad risk-off. Total ETF NAV at $100.9bn (~6.28% of BTC market cap) underscores ETFs' growing influence on near-term flows.
Impact level
● Medium
Affected assets
BTC/USDT+1.05%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin spot ETFs attracted $242 million in net inflows on Aug. 27 (U.S. Eastern Time), extending their run to nine straight sessions of net subscriptions, ChainThink said, citing data from SoSoValue.
BlackRock's IBIT led all products with a $278 million single-day net inflow, taking its cumulative net inflow to $63.398 billion. ARKB, issued by Ark Invest and 21Shares, ranked second with $29.7484 million in net inflows and $1.434 billion in historical net inflows.
On the outflow side, Fidelity's FBTC posted a $83.628 million net redemption for the day, while maintaining $10.238 billion in cumulative net inflows.
As of publication, spot Bitcoin ETFs held $100.927 billion in total net assets, representing 6.28% of Bitcoin's total market capitalization. Cumulative net inflows across the segment stood at $54.832 billion.
