Bitcoin ETFs Draw Record Inflows as Price Holds Above $80K

U.S. spot Bitcoin ETFs attracted $338 million in net inflows on August 24, marking the sixth consecutive day of positive activity.

The largest contributor to this influx was BlackRock's iShares Bitcoin Trust (IBIT), which saw approximately $209 million in daily inflows.

This development extends a streak of strong demand for regulated crypto investment products, with recent weekly inflows amounting to over 26,000 BTC.

The price of Bitcoin held steady above the $80,000 mark, hovering between $80,300 and $80,600 after briefly reaching $81,000.