Bitcoin ETF Inflows Soar to $216.7 Million on August 31
A substantial influx of funds into Bitcoin Exchange-Traded Funds (ETFs) has been recorded. On August 31, 2026, $216.7 million in net inflows were reported, with IBIT leading the charge at $205.9 million. FBTC and BITB also saw significant inflows of $6.9 million and $4.3 million respectively. In contrast, HODL experienced a $13.4 million outflow.
The price action on the 4-hour chart shows BTC trading at $78,700.3 within its Bollinger band. The upper resistance is set at $79,124.63 and lower support at $77,220.33. The EMA50 and EMA200 lines are positioned at $75,561.05 and $71,286.66 respectively, indicating a bullish trend. The MACD golden cross of 78.07 confirms the momentum, while the RSI is at 53.53, suggesting room for further growth before overbought conditions develop.