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Crypto

Institutional Demand Boosts Bitcoin ETF Inflows by $626 Million

Guavy AI Editorial Team
Instruments
BTC
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A recent surge in institutional demand has driven Bitcoin ETF inflows to $626 million over three trading sessions through August 5.

According to data from crypto commentator Ash Crypto, U.S. spot Bitcoin ETFs recorded net inflows of approximately $170.09 million on August 3, $211.49 million on August 4, and $244.42 million on August 5.

The latest session was particularly notable, with $244.4 million entering the funds on August 5, extending a three-day positive streak.

This rebound in demand is significant because Bitcoin ETFs have recently experienced periods of substantial withdrawals, including a combined $691.7 million net outflow on June 25 and another $444.5 million withdrawal on June 26.

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