#IBIT

Bitcoin ETFs Pull In $853M in a Week — But Nearly 80% Came From BlackRock Alone

Spot bitcoin ETFs posted their biggest weekly net inflow since mid-April in the week ending August 7, with BlackRock's IBIT alone accounting for $693 million. The flows are highly concentrated, and year-to-date, the category is still sitting on a net outflow of $4.5 billion.