HedgeCo.Net — U.S. spot bitcoin ETFs recorded $606.3 million of net inflows on August 20, per Farside Investors’ daily table. BlackRock’s IBIT took $503.0 million, about 83% of the category. Fidelity’s FBTC added $64.7 million, Bitwise’s BITB $26.4 million, and ARK 21Shares’ ARKB $12.2 million. Invesco Galaxy’s BTCO contributed $3.6 million. VanEck’s HODL posted a $3.6 million outflow. The remaining tracked products were flat. FinanceFeeds, writing from the same Farside prints this morning, confirmed the $606.3 million bitcoin total and the IBIT $503 million line.
Ether funds added $219.5 million the same session, also on Farside, as relayed by FinanceFeeds. BlackRock’s ETHA took $173.3 million and ETHB $35.9 million. Fidelity’s FETH, Bitwise’s ETHW, and VanEck’s ETHV were small positives. No tracked ether ETF posted an outflow. Combined bitcoin-plus-ether inflows were about $825.8 million. That is a creation-unit print. It is not a hedge-fund P&L and it is not a statement about futures positioning.
The August 20 bitcoin total is a second consecutive large day, not a first print. Farside has $297.5 million on August 17, $189.3 million on August 18, $517.2 million on August 19, and $606.3 million on August 20 — about $1.61 billion over four sessions. IBIT alone took $160.2 million, $143.6 million, $284.7 million, and $503.0 million across those four days, about $1.09 billion. Thursday’s shorts already covered the August 19 $517 million / $189 million session. This is the next day’s tape. Do not recycle Wednesday’s number as Friday’s story.
For crypto-fund allocators the diligence is concentration inside the wrapper, not the four-day sum. An 83% IBIT share of a $606 million session is BlackRock winning the creation. It is not broad-based sponsorship across the 12-name complex. Ether’s $219.5 million is a second-day acceleration from Farside’s $186.8 million on August 19, still a fraction of bitcoin. Anyone treating four green sessions as a regime shift is reading a flow table as a commitment.
The second-order read is how much of this bid is one issuer. Allocators should mark $606.3 million as the August 20 bitcoin print, $219.5 million as ether, and $503 million as IBIT’s share — all Farside figures. Do not annualize four sessions. Do not treat creations as AUM that cannot reverse. The scarce object is a second issuer showing up in size, not another IBIT headline.