🚀 Crypto News:

- US Bitcoin and Ether ETFs hit nearly $6 billion in trading volume on August 5! 📈

- BTC ETFs: $5.24 billion, half from BlackRock’s iShares Bitcoin Trust (IBIT).

- ETH ETFs: $715.3 million, led by Grayscale’s Ethereum Trust (ETHE) and BlackRock’s iShares Ethereum Trust (ETHA).

📉 Markets on fire as Jump Trading moves hundreds of millions of ETH onto exchanges, BTC falls below $50,000 but recovers to $54,288.

📊 Money flow data:

- Grayscale Bitcoin Trust and ARKB: outflows of $69 million.

- Bitwise Bitcoin ETF and Grayscale Bitcoin Mini Trust: inflows of $2.9 million and $21.8 million.

- Grayscale Ethereum Trust: outflows of $46.8 million.

- Bitwise and Franklin Templeton’s ETFs: inflows of $7.2 million and $900,000.

🔮 Prediction: Bitcoin ETFs will have net inflows when data is complete.

What do you think about the future of BTC? Comment! 💬