Bitcoin ETF Inflows Hit $517M As Institutional Demand Returns
US spot Bitcoin ETFs recorded $517.2 million in net inflows for the August 19 session, giving the market its strongest daily inflow in roughly three and a half months.
Farside Investors data showed BlackRock’s IBIT leading the session with $284.7 million in inflows. Spot Ethereum ETFs also stayed positive, adding $17.7 million in net inflows.
That matters because ETF flows have become one of the cleanest sentiment gauges for regulated crypto demand.
Bitcoin’s move toward $70,000 may