On August 19, iShares Bitcoin Trust rose 3.69% in regular trading, trading at $38.06/share, with Turnover of $1.666 billion.

On the news front, Bitcoin spot ETFs staged a dramatic reversal with single-day net inflows reaching $297.56 million. iShares Bitcoin Trust (IBIT) led all funds with $160.23 million in inflows, followed by Fidelity's FBTC at $111.9 million. Total industry net inflows reached $2.12 billion, with aggregate ETF assets climbing to $77.41 billion.

The inflow reversal coincides with on-chain data showing Bitcoin whales have accumulated approximately 43,000 BTC worth $2.75 billion over the past 60 days, signaling a potential bottom formation. Spot demand contraction, the primary driver of price declines since last year, is approaching a positive inflection for the first time since February. Additionally, Q2 13F filings revealed institutional Bitcoin holdings rose 7.5% despite a 14.2% price decline during the period, underscoring persistent institutional conviction.

The iShares Bitcoin Trust seeks to reflect generally the performance of the price of bitcoin.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)