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Crypto

Bitcoin and Ethereum ETFs See Record Inflows Amid Market Rally

Guavy AI Editorial Team
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Bitcoin and Ethereum exchange-traded funds (ETFs) have seen significant inflows in recent days. On August 20, spot Bitcoin ETFs recorded $606.29 million in net inflows, marking a four-day streak of growth.

This is the largest single-day haul since May 1, when funds drew $629.73 million. BlackRock's IBIT led the day's inflows with $502.99 million, accounting for more than 80% of the total.

Spot Ethereum ETFs also added $221 million on August 20, extending a four-day run of inflows. This growth suggests institutions are building positions across both assets rather than rotating between them.

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