Crypto
Bitcoin Price Stalls Near $80K as ETF Inflows Hit $2.26B
Bitcoin's price remained near $80,000 on Tuesday after a sharp weekly rally that saw it gain 24.5% over seven days, according to CoinGecko data.
The U.S. spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to six sessions on Monday, August 24, with net inflows reaching $337.6 million, as per Farside Investors' data.
BlackRock's iShares Bitcoin Trust attracted $208.9 million, leading all U.S. spot funds during the session, while Fidelity's Wise Origin Bitcoin Fund followed with $104.6 million in net inflows.