BlackRock Drives $338 Million Into Bitcoin ETFs as Ether Funds Gain $116 Million

Spot Bitcoin ETFs saw $338 million in net inflows on Aug. 24, led by BlackRock’s $209 million contribution, while Ether ETFs added $116 million. U.S. spot Bitcoin exchange-traded funds recorded $338 million in net inflows on August 24, with BlackRock’s IBIT fund contributi

Spot Bitcoin ETFs saw $338 million in net inflows on Aug. 24, led by BlackRock’s $209 million contribution, while Ether ETFs added $116 million.

U.S. spot Bitcoin exchange-traded funds recorded $338 million in net inflows on August 24, with BlackRock’s IBIT fund contributing $209 million. Spot Ether ETFs attracted $116 million, including $90.92 million into BlackRock’s ETHA product.

BlackRock, managing approximately $15.3 trillion in assets, dominated inflows across both crypto ETF categories. The inflows mark a continued trend of institutional interest in digital asset products.

No immediate market reaction was detailed in the data.

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