BlackRock leads $305 million inflows into Bitcoin and Ether ETFs
BlackRock’s spot Bitcoin ETFs saw USD 244 million in net inflows on August 5, with its IBIT accounting for USD 197 million.
The inflows were part of a larger trend, with spot Ethereum ETFs attracting another USD 60.86 million, and BlackRock’s ETHA accounting for USD 50.34 million.
As the world’s largest asset manager, overseeing more than USD 15 trillion, BlackRock’s moves are closely watched by the market.