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Bitcoin ETFs add $189M as August net inflows approach $1B

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US spot Bitcoin exchange-traded funds attracted $189.3 million in net inflows on Tuesday, lifting August net inflows to approximately $951 million. The latest gains came after $297.6 million in inflows on Monday, bringing the two-day total to $487 million. That represents more than half of the month’s inflows, according to SoSoValue data.

The rebound follows three consecutive sessions of outflows from Aug. 12 through Aug. 14, when the funds shed about $250 million. This quick reversal highlights the volatile nature of digital asset markets. Investor sentiment can shift rapidly based on macroeconomic data and regulatory news.

BlackRock’s iShares Bitcoin Trust led Tuesday’s inflows with $143.6 million, while Fidelity’s Wise Origin Bitcoin Fund added $23.9 million. These two funds have been the primary drivers of Bitcoin ETF adoption since their inception. Their continued popularity suggests that traditional asset managers are winning over institutional investors.

Cumulative net inflows into US spot Bitcoin ETFs now stand at roughly $52.28 billion, with total net assets reaching approximately $79.3 billion. Meanwhile, spot Ether ETFs recorded $71.5 million in net inflows on Tuesday, bringing August Ether inflows to about $345 million. These numbers underscore the growing acceptance of crypto ETFs as mainstream investment vehicles.

The sustained inflows indicate that investors are willing to buy dips and view recent price weakness as an opportunity. Bitcoin was trading at $64,234 at the time of writing, while Ether was priced at $1,914, according to CoinGecko. The positive fund flows could provide further support for prices in the near term.

However, some analysts remain cautious. A related analysis described Bitcoin’s recent spike to $64.5K as a “low-volume liquidity trap,” meaning the move may lack underlying buying pressure. Such perspectives highlight the ongoing uncertainty in crypto markets despite strong ETF inflows.

Looking ahead, market participants will watch whether August’s inflow momentum continues through month-end. Strong ETF demand could signal renewed institutional confidence, but regulatory developments and broader economic factors remain key risks. The next few weeks will be crucial in determining whether this trend is sustainable.

Read original article →Source: cointelegraph