Bitcoin Inflows Slow to $128.7 Million as Solana Demand Jumps

U.S.-listed cryptocurrency exchange-traded funds (ETFs) continued their inflow streak on August 24, attracting approximately $192.6 million in net new capital. Bitcoin remained the largest contributor to this influx, with a net inflow of $128.7 million and six consecutive positive trading sessions.

Although this amount is substantial, it represents a slowdown from previous weeks. On August 20, Bitcoin ETFs attracted $606.3 million, and on Friday, they accumulated $307.5 million. Fidelity's FBTC led reported Bitcoin flows with $104.6 million, while Grayscale's lower-fee BTC product added $16.4 million.

BlackRock's IBIT was listed without a reported August 24 flow in Farside's current table. The total for Monday should be read using the provider's currently published data. Bitcoin Demand Cools After Nearly $2 Billion Week, as institutional buying moderated after last week's exceptional acceleration.