Bitcoin Spot ETFs Record $217 Million Net Inflow on August 31

Bitcoin spot ETFs recorded a total net inflow of $217 million on August 31, U.S. Eastern Time, according to SoSoValue data. According to PANews, BlackRock's IBIT led daily inflows with $206 million, bringing its cumulative net inflow to $63.571 billion. Grayscale's Bitcoin Mini Trust ETF BTC posted a daily net inflow of $9.4165 million, with cumulative net inflows reaching $2.867 billion. VanEck's HODL saw the largest daily outflow at $13.4134 million, while its cumulative net inflow stood at $1.049 billion. As of press time, Bitcoin spot ETFs held total net assets of $99.611 billion. The ETF net asset ratio, measured by market value relative to Bitcoin's total market value, was 6.29%, and cumulative net inflows reached $54.847 billion.