Spot Bitcoin ETFs recorded total net inflows of $337.60 million on August 24, with $209 million going to BlackRock’s iShares Bitcoin Trust (IBIT), representing approximately 62% of the total. Bitcoin was trading above $80,000 at the time, with total spot Bitcoin ETF assets standing at $79.16 billion. Ethereum ETFs also marked a sixth consecutive day of gains with $116 million in net inflows, including $90.92 million for BlackRock’s ETHA, accounting for 78% of the total. Ether was changing hands near $2,486, up 2.4% over 24 hours. This dual dominance by BlackRock across both crypto ETF categories confirms its role as the primary gateway for institutional crypto exposure.
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