Bitcoin, Ethereum ETFs Draw Record $2.6B in Weekly Inflows

The U.S. spot crypto ETF market saw significant rebound last week, with Bitcoin and Ethereum investment products attracting $2.6 billion in combined net inflows. This marks their strongest weekly performance in about 10 months.

Bitcoin ETFs dominated the recovery, pulling in a total of $1.92 billion between August 17 and August 21. The funds recorded net inflows during all five trading sessions, including a $606 million surge on August 20.

Weekly Bitcoin ETF trading volume climbed to $22.15 billion, roughly three times the previous week's level. Ethereum ETFs also regained momentum, attracting $697.18 million after suffering $391.96 million in combined outflows the week before.