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Bitcoin ETFs Log a Perfect Week as Inflows Reach a 3-Month Record


Bitcoin ETFs Log a Perfect Week as Inflows Reach a 3-Month Record

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After a shaky July for ETFs, Bitcoin-focused funds attracted more than $800 million in the first full week of August, signaling renewed institutional funding and crypto ETF demand. BTC rallied from a weekly low of $62,200 to above $65,000 by Friday, indicating short-term price recovery and positive market impact on adoption and momentum.

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After a shaky July in terms of ETF performance, the Bitcoin funds started August with a bang, attracting more than $800 million in the first full week of the month.

This coincided with the underlying asset’s price revival, as BTC jumped from a monthly low at $62,200 on Monday to over $65,000 on Friday.

Read the article at CryptoPotato

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Coins

$ 65.08K

+0.71%

$ 1.92K

+0.72%

Funds

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In This News

Coins

$ 65.08K

+0.71%

$ 1.92K

+0.72%

Funds

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View analytics →
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