Bitcoin ETF assets neared $100 billion while the price slid below $80,000

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Investors put $314.37 million into U.S. spot Bitcoin ETFs yesterday. More than 90% of it, or $284.42 million, went to BlackRock’s iShares Bitcoin Trust (IBIT).

U.S. spot bitcoin ETFs drew money for a seventh straight day, lifting combined net assets to $99.05 billion.

IBIT left $29.95 million for four rival funds

IBIT took $284.42 million. The four other funds that drew money split $29.95 million between them.

Fidelity’s FBTC took in $15.45 million, Grayscale’s Bitcoin Mini Trust $6.98 million, Morgan Stanley’s MSBT $4.52 million, and Bitwise’s BITB $3 million. No funds were bleeding money that day.

In January, Cryptopolitan reported that IBIT controlled almost 70% of spot bitcoin ETF trading volume and had more than $66 billion in assets under management.

Across the spot bitcoin funds, total net assets reached $99.05 billion, just short of $100 billion, on a total trading value of $3.52 billion. The week’s seven sessions collected $2.57 billion.

August inflows recorded $3.03 billion, leaving the funds $390 million just short of the monthly total for October 2025, with four trading days still to go.

The recovery has reduced this year’s net outflow deficit by more than half to $2.26 billion, while cumulative net inflows since launch are at $54.36 billion.

BlackRock led the ether funds too, with $146.44 million

Spot Ether ETFs brought in $179.80 million, and the leader was BlackRock’s ETHA with $146.44 million. Ether ETFs extended their seven-day streak as of Tuesday, August 25.

Fidelity’s FETH added $25.75 million, and BlackRock’s ETHB $7.61 million. All the ether funds together hold $14.88 billion.

Other crypto ETFs also saw fresh cash coming in. Solana ETFs took in $32.25 million, four XRP funds $23.87 million, and HYPE ETFs $7.51 million.

Cryptopolitan reported that Grayscale converted its Zcash Trust into an ETF, ZCSH, traded on NYSE Arca. As of August 24, the fund held about $314 million in assets and about 387,200 ZEC.

Bitcoin briefly surpassed the $80,000 point before sliding back. The coin traded at $78,447.81 on Wednesday, according to CoinGecko.

Ethereum is changing hands at $2,462.96, down 0.4%, at press time. Both coins are up sharply for the week, with Bitcoin at +14.6% and Ether at +17.9%.

The Crypto Fear & Greed Index cooled off to 65 from 74, still in “Greed” territory, but softening. Crypto ETF demand continued to build even as spot prices lost ground.

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