The real bitcoin ETF in the United States continues to attract inflows. According to Farside Investments, the net one-day inflow of such funds on 27 August was $242.3 million, the ninth consecutive date of transactions, with a cumulative inflow of about $3.04 billion since 17 August.
This round of continuous purchases shows that the allocation needs of the ETF, which is the real value of institutional funds, continue. However, the financial performance between the different products was not consistent, and some of the funds were still in clear atonement.
Belet continues to lead.
In terms of products alone, the IBIT under the Beled flag continues to be the main source of inflow and the core contributor to the net inflow of funds that day. At the same time, Ark Invest and 21 Shares introduced a net inflow of US$ 29.7 million, Bitwise a net inflow of US$ 21.7 million, and Bitcoin Mini Trust, a low grey rate, recorded an inflow of US$ 11.7 million.
By contrast, Fuda showed a net outflow of $83.6 million the same day, the largest product ever. Greyscale GTTC also recorded a net outflow of $27.2 million, indicating that the funds were still repositioned between ETFs.
9 days of cumulative inflow over $3 billion
According to Farside Investments, this round of net inflows began on 17 August. By August 27, the United States spot bitcoin ETF had accumulated a net inflow of approximately $3.04 billion over nine trading days.
This rhythm shows that, despite the volatility of Bitcoin short-term prices, ETF remains an important gateway to the encryption market for current institutional funds. The continued requisitioning also makes the spot ETF once again one of the key indicators of weak demand for bitcoin in the market.
Bitcoin came back under $80,000.
In terms of prices, bitcoin had risen by $81,000 in the past 24 hours, reaching a peak of approximately $81.28 million, and then reverted. At the time of the cut-off, the BTC transaction price was approximately $7.974 million, a 24-hour decline of about 1.34 per cent.
At the point when the market fell, investors were waiting for Federal Reserve Chairman Kevin Walsh to address Jackson Hall. Dealers are following their description of the US interest rate path. Despite the short-line reversals, bitcoin has increased by about 2 per cent in the past week.