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Bitcoin ETFs attract $517M, Ether funds $189M in strongest daily inflows in months

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Spot bitcoin ETFs recorded inflows of $517 million on August 19, while ether funds attracted $189 million on the same day. These figures represent the strongest single-day inflows for both asset classes in several months. The surge in institutional interest coincided with a broad market rally across cryptocurrencies. The rally resulted in approximately $2.7 billion in short positions being liquidated as bearish bets were wiped out.

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Bitcoin ETFs attract $517M, Ether funds $189M in strongest daily inflows in months · ShortSingh