📈 Hot BTC news:

- Bitcoin ETFs continue to attract investors despite large outflows in early August.

- On August 16, Bitcoin ETFs inflows reached $32.58 million, in contrast to outflows of $80.69 million (August 2) and $169.03 million (August 9).

- GBTC struggled with outflows of $72.9033 million, while Bitcoin ETFs had strong inflows.

- Fidelity’s ETF FBTC led the way with inflows of $61.3469 million, totaling $9.804 billion.

- BlackRock’s ETF IBIT also recorded inflows of $20.3854 million, totaling $20.388 billion.

- The total net asset value of Bitcoin ETFs is currently $54.353 billion, with an ETF net asset ratio of 4.65%.

- Historical cumulative inflows hit $17.37 trillion, showing growing acceptance of Bitcoin ETFs.

💬 What do you think about this trend? Comment below! 👇