Bitcoin Spot ETFs Record $217 Million Net Inflow, Led by BlackRock's IBIT

According to SoSoValue, Bitcoin spot ETFs saw a total net inflow of $217 million on August 31. BlackRock's IBIT led with $206 million in daily inflows, bringing its cumulative total to $63.57 billion. Grayscale's Bitcoin Mini Trust ETF followed with $9.41 million in inflows, while VanEck's HODL recorded a net outflow of $13.41 million. The total net asset value of Bitcoin spot ETFs currently stands at $99.61 billion, representing 6.29% of Bitcoin's total market capitalization.