Strong institutional money is flowing into Bitcoin ETFs.
U.S. spot Bitcoin ETFs have attracted approximately $2.8 billion over eight straight sessions. The total inflow for the month of August has already exceeded $3 billion, and most of it has been taken up by BlackRock’s IBIT fund.
Market impact: Rising spot demand supports the trend. However, full bullish, sustainable continuation is not confirmed until the price breaks above the $80,000–$82,000 resistance.
U.S. spot Bitcoin ETFs have attracted approximately $2.8 billion over eight straight sessions. The total inflow for the month of August has already exceeded $3 billion, and most of it has been taken up by BlackRock’s IBIT fund.
Market impact: Rising spot demand supports the trend. However, full bullish, sustainable continuation is not confirmed until the price breaks above the $80,000–$82,000 resistance.
