$BTC Bitcoin News Today: 📰🗞️

On August 12, according to SoSoValue data, the spot exchange-traded funds for U.S. Bitcoin saw net inflows of $178 million yesterday, marking its fourth consecutive day of inflows.

Among these funds, BlackRock's spot Bitcoin ETF (IBIT) topped the list with net inflows of $138 million yesterday, bringing the cumulative net inflows of the IBIT fund to $57.92 billion.

Grayscale's Bitcoin and GBTC funds saw net inflows of $14.24 million and $7.49 million respectively yesterday.

Fidelity's FBTC funds and Bitwise's BITB funds saw net inflows of $12.99 million and $5.19 million respectively.

So far, the total net asset value of the spot Bitcoin exchange-traded funds stands at $154.42 billion, representing 6.48% of Bitcoin's total market capitalization, with cumulative net inflows of $54.6 billion.

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