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[BUSINESS] · United States · 14 sources

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Bitcoin and Ether ETFs see $2.6 billion weekly inflow

US-based spot Bitcoin and Ether ETFs recorded a massive surge in capital, drawing approximately $2.6 billion in net inflows during the week ending August 21. This represents the strongest weekly performance for these products since October 2025, marking a significant reversal from previous weeks of outflows.

Bitcoin ETFs led the recovery with roughly $1.9 billion in net inflows, while Ether ETFs contributed approximately $697 million. The influx was bolstered by a sharp rise in Bitcoin prices, which climbed about 25% during the period. This price action, combined with US Treasury buyback expansions that lowered yields, created a favorable environment for risk assets.

A significant short squeeze also contributed to the market momentum, as bearish traders were forced to cover positions, further accelerating the rally. BlackRock’s iShares Bitcoin Trust (IBIT) was a primary driver, accounting for over $500 million in inflows on its peak day. While the weekly surge is substantial, year-to-date cumulative inflows for both Bitcoin and Ether ETFs remain in net outflow territory.

Entities

ARK 21Shares · Bitcoin · Bitwise · BlackRock · Ethereum · Fidelity · SoSoValue · U.S. Department of the Treasury · iShares Bitcoin Trust

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