World · Market · Global ·
Bitcoin tops $76K, ETFs draw $800M as institutional demand surges
Spot Bitcoin ETFs pulled in $606 million on August 20 and Ether ETFs $221 million, confirming institutional buying behind Bitcoin's push above $76,000. August inflows have totaled over $2 billion, the highest monthly figure this year.
Why it matters for the crypto market
Large and sustained institutional inflows through regulated US ETFs signal renewed confidence in crypto as an asset class after months of sideways trading.
Source: CoinDesk
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