BlackRock IBIT 115% of Bitcoin ETF Inflows Aug 27 Farside Data
Named Farside figures show IBIT inflows of $277.6M versus $242.3M market total on Aug 27 with nine-day streak details.
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $277.6 million in inflows on Aug 27 while the full US spot Bitcoin ETF market posted $242.3 million in net inflows, according to Farside Investors.
Fidelity’s FBTC posted an $83.6 million outflow and Grayscale’s GBTC posted a $27.2 million outflow. The nine-day inflow streak that began Aug 17 reached $3.05 billion, of which IBIT supplied $2.3 billion or 75.6 percent.
Cumulative Position
IBIT cumulative inflows stand at approximately $63 billion versus roughly $54.8 billion for the broader market. Exact future flow split across issuers remains unknown.