Bitcoin spot ETFs posted net inflows of $137.3 million on Aug. 17, local time, following five straight trading days of outflows. Fidelity's Wise Origin Bitcoin Fund (FBTC) captured $111.9 million, or 81.5% of the day's inflows, while ARK 21Shares' ARKB drew $14.2 million and Morgan Stanley's MSBT recorded smaller inflows, with BlackRock's IBIT not yet confirmed. The heavy concentration in a single Fidelity product prompted doubts that the inflows signal a broader rebound in market demand.
This item was indexed from its published source and tied to the entity records it names. The Counterparty reports what the market says and who it says it about; it does not rewrite the original report. Read the source for the full account.