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US spot Bitcoin ETFs attract $685M in a day, led by BlackRock's IBIT fund.

Market News
21 Aug 2026, 21:06 WIB
Crypto Briefing
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Bullish
US spot Bitcoin ETFs attract $685M in a day, led by BlackRock's IBIT fund.

US spot Bitcoin ETFs saw a massive inflow of $685 million on August 20, 2026, with BlackRock's iShares Bitcoin Trust (IBIT) capturing $503 million of that total. This surge is part of a broader trend, with August inflows surpassing $2 billion and cumulative inflows since January 2024 reaching $53.4 billion. The inflows push total assets under management near $90.2 billion, reflecting growing institutional interest in Bitcoin. This trend also influences Bitcoin's price, creating a feedback loop where ETF purchases drive up spot prices, attracting more investment.

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