Bitcoin ETF inflows reached $951 million in August. US spot Bitcoin ETFs took in $189 million on Tuesday.
Ether ETFs added $71.5 million on the same day. The two-day total is now $487 million.
Why Bitcoin ETF inflows matter
The latest gains followed $297.6 million in inflows on Monday. This brings the two-day total to $487 million. That is more than half of the funds’ August net inflows.
BlackRock’s iShares Bitcoin Trust led the day. It recorded $143.6 million in inflows. Fidelity’s Wise Origin Bitcoin Fund added $23.9 million.
The rebound followed three sessions of net outflows. These occurred from Aug. 12 through Aug. 14. The funds shed about $250 million during that period.
Cumulative net inflows now stand at about $52.28 billion. Total net assets reached roughly $79.3 billion.
Ethereum ETF flows
Spot Ether ETFs recorded $71.5 million in net inflows on Tuesday. August net inflows for Ethereum reached about $345 million.
Bitcoin traded at $64,331 at the time of writing. Ether was priced at $1,914, according to TradingView
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