Investment Funds

Bitcoin ETFs flip from a $265 million drain to seven green funds — but IBIT still carries the load

U.S. spot Bitcoin ETFs experienced a significant shift, moving from a net outflow of $265.4 million on July 31 to a net inflow of $170.1 million by August 3. BlackRock's IBIT fund accounted for the majority of these inflows, highlighting a continued concentration of investment in a few key funds despite a broader increase in positive fund performance.