Loading market data...

BlackRock Leads Bitcoin and Ethereum ETF Inflows With $209M IBIT, $91M ETHA

BlackRock Leads Bitcoin and Ethereum ETF Inflows With $209M IBIT, $91M ETHA

BlackRock's share of the haul

IBIT was responsible for roughly 62% of the day's total Bitcoin ETF inflow, while ETHA supplied about 78% of the Ethereum total. The Grayscale Ethereum Mini Trust added $12.5 million, making it the second-largest contributor on the Ethereum side. No other fund came close to IBIT's number.

Demand is building

The Aug. 24 inflow is part of a longer stretch. IBIT pulled in $606 million just days earlier, and Ethereum ETFs have now posted six consecutive days of gains. That latest haul builds on the biggest single-day Ether ETF inflow in 10 months, which occurred earlier in August.

Why BlackRock matters

BlackRock is the world's largest asset manager, with $15.3 trillion