U.S. spot Bitcoin ETFs pulled in $189.3 million in net inflows on Tuesday, marking a second straight day of gains and pushing August’s cumulative total to roughly $951 million, according to data from SoSoValue.
BlackRock‘s IBIT led the session with $143.6 million, followed by Fidelity‘s FBTC at $23.9 million, ARK’s ARKB at $19.7 million, and Bitwise’s BITB at $16.1 million — capital the firm immediately deployed to buy 250 BTC on the spot market, lifting its holdings to 36,868 BTC and net assets past $2.38 billion. Grayscale’s Mini Bitcoin Trust added $2.9 million, while VanEck’s HODL was the lone outlier with $16.9 million in outflows. Ether ETFs recorded $71.5 million the same day, taking their August total to about $345 million.
Tuesday’s inflows built on Monday’s $297.6 million, giving the funds a two-day haul of $487 million — more than half of the month’s total in just two sessions. The rebound follows three consecutive outflow days from Aug. 12 through Aug. 14, when the funds shed roughly $250 million amid broader market volatility. Cumulative net inflows into U.S. spot BTC ETFs now stand near $52.28 billion, with total net assets around $79.3 billion.
Reaching the $1 billion milestone for August would require roughly $171 million per day over the remaining sessions this week — a pace the funds have already cleared twice in the past two days. The renewed demand comes as BTC trades near $64,000, with the flows offering a counterpoint to a choppy week for risk assets more broadly, as South Korea’s Kospi index slid sharply on chip-sector weakness. Whether the pace holds into September may hinge less on crypto-specific catalysts and more on how equity markets digest upcoming Fed minutes and Treasury yield moves.