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Crypto

Bitcoin Spot ETFs Draw Record $3.5 Billion in August

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin spot ETFs drew in $3.5 billion in August, marking their strongest monthly inflow since July 2025. This influx of capital came as Bitcoin itself rose by approximately 25%.

The flow-weighted average purchase price for many ETF investors falls between $80,000 and $83,000, creating a crucial test zone for the price action of BTC.

At present, the current price of Bitcoin sits at $77,488.25 within its Bollinger Bands, with upper resistance at $79,170.76 and lower support at $77,140.13.

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