HedgeCo.Net — U.S. spot bitcoin ETFs recorded $232.2 million of net inflows on Wednesday, August 26, according to Farside Investors’ issuer table. TFTC’s August flow table, which compiles the same series, put the session at $232.1 million. Bloomingbit, citing Farside, printed $232.2 million. The tenth-of-a-million gap is rounding. Print Farside’s $232.2 million as the session total.
BlackRock’s IBIT led with $200.8 million. Fidelity’s FBTC added $25.6 million, Grayscale’s Bitcoin Mini Trust $46.8 million, Bitwise’s BITB $6.0 million, and Morgan Stanley’s MSBT $3.4 million, Farside and TFTC both show. Grayscale’s GBTC posted a $50.4 million net outflow, the first named redemption on this tape since the current inflow streak began. The remaining products printed zeros.
The August 25 session, already on this desk at $314.3 million, was the seventh straight inflow day. August 26 is the eighth, counting August 17 through 26 and skipping the weekend. Do not re-headline last week’s $1.92 billion wrap or Tuesday’s $314.3 million as if they were new. The new object is Wednesday’s $232.2 million and GBTC’s $50.4 million outflow inside a still-green tape.
Concentration still sits in IBIT, which accounted for most of the session even after the GBTC redemption. Mini Trust’s $46.8 million is the offset on the Grayscale complex. Anyone marking the streak as broad-issuer demand has to explain that $50.4 million.
Allocators should keep Farside as the tape, keep $232.2 million as Wednesday’s net, and keep the streak at eight sessions. The GBTC print is the exception inside the inflow, not a reversal of the complex.