Around 80% of the past fortnight’s spot Bitcoin ETF trading days have had positive flows, despite Bitcoin seeing sideways price action.
United States spot Bitcoin exchange-traded funds (ETFs) have maintained positive flows for eight out of the past ten consecutive trading days.
On Aug. 20, the ETFs saw an aggregate inflow of $88 million, their highest for two weeks according to preliminary data from Farside Investors.
It marks 80% of the past fortnight’s Bitcoin (BTC) ETF trading days seeing positive flows, with just two days — Aug. 9 and Aug. 14 — seeing an outflow.
