BlackRock Leads $338 Million Bitcoin ETF Inflows as Ether Funds Add $116 Million

U.S. spot Bitcoin exchange-traded funds recorded $338 million in net inflows on Aug. 24, led by BlackRock’s IBIT with $209 million, while spot Ether ETFs attracted $116 million. BlackRock’s ETHA accounted for $90.92 million of the Ether ETF inflows, according to data shared by @WuBlockchain on X.

The figures place BlackRock at the center of the latest investment flows across both major U.S. spot cryptocurrency ETF categories. The asset manager’s Bitcoin and Ether funds together accounted for a substantial portion of the capital entering the products during the session.

BlackRock’s IBIT Leads Bitcoin ETF Inflows

U.S. spot Bitcoin ETFs posted $338 million in combined net inflows on Aug. 24. BlackRock’s IBIT was the largest individual contributor, attracting $209 million.

The result underscores the scale of capital flowing through BlackRock’s spot Bitcoin investment product. IBIT is designed to provide investors with exposure to Bitcoin through an exchange-traded fund structure, allowing market participants to gain exposure to the asset without directly holding Bitcoin.

The $209 million attributed to IBIT represented the largest inflow cited in the latest data for the Bitcoin ETF category. The overall $338 million figure reflects the combined net movement of capital across U.S. spot Bitcoin ETFs during the session.

Spot Ether ETFs Record $116 Million in Inflows

Spot Ether ETFs also recorded positive net flows on Aug. 24, bringing in a combined $116 million.

BlackRock’s ETHA was responsible for $90.92 million of that amount, making it the leading contributor among the Ether ETF products covered by the data. ETHA provides investors with exposure to Ether through an exchange-traded fund structure.

The inflows into both Bitcoin and Ether ETFs indicate that investors continued allocating capital to U.S.-listed cryptocurrency investment products during the session. Bitcoin and Ether remain the two largest crypto assets represented by spot ETF products in the U.S. market.

BlackRock Leads Bitcoin and Ether ETF Flows

BlackRock’s position was notable because the asset manager led inflows in both cryptocurrency ETF categories on the same trading day.

Its IBIT and ETHA products combined for $299.92 million in reported net inflows on Aug. 24. That figure consists of $209 million flowing into IBIT and $90.92 million entering ETHA.

BlackRock is the world’s largest asset manager, with about $15.3 trillion in assets under management. Its participation in the cryptocurrency ETF markets has made the firm a significant player in the development of regulated investment products providing exposure to digital assets.

The latest figures offer a snapshot of investor activity across U.S. spot Bitcoin and Ether ETFs. Daily ETF flows can change from one trading session to another, but the Aug. 24 data showed net inflows for both categories.

The information was shared by @WuBlockchain on X and covers the reported ETF flows for Aug. 24.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.