Crypto
Bitcoin Holds Steady Amid Record Spot ETF Inflows
Bitcoin's price held steady at $65,226 on August 9, 2026, as record US Bitcoin spot ETF inflows supported demand. The asset remained above its short- and medium-term moving averages while staying below its long-term trend average.
The significant institutional investments via regulated ETFs reflect increased adoption by mainstream investors and channelled significant new liquidity into the Bitcoin market.
Major asset manager participation signals surging institutional adoption, adding legitimacy to Bitcoin portfolios. BlackRock's IBIT fund received $693.7 million in inflows, while Fidelity's FBTC fund saw $116.4 million invested.