BlackRock’s iShares Bitcoin Trust (IBIT) anchors a significant surge in investor demand for spot Bitcoin ETFs. The category maintains a nine-day inflow streak, attracting over $3.04 billion since August 17. This consistent activity signals rising institutional interest in regulated Bitcoin exposure.
Spot Bitcoin ETFs recorded a total net inflow of $242.3 million on August 27. IBIT dominated the session with $277.6 million in inflows, offsetting outflows from competing funds.
BlackRock purchased 22,722 BTC for IBIT over the last eight days, valued at approximately $2.2 billion. Bitcoin continues to trade below $80,000 despite the persistent ETF buying and short-term market volatility.