US spot crypto ETFs recorded $2.6B net inflows in the week of August 17, led by Bitcoin with $1.9B, reversing the prior week's $379M outflow.
Macro & Markets ·
US spot crypto exchange-traded funds recorded $2.6 billion in net inflows during the week ending August 17, reversing the prior week's $379 million net outflow. Bitcoin accounted for $1.9 billion of that inflow, representing 72% of total flows compared to 96% the week before. All four spot crypto ETFs closed the period with positive flows, marking a shift from the outflow environment that preceded it.
The reversal suggests renewed institutional demand after a period of redemptions. Bitcoin's share of total inflows declined week-over-week despite its dollar volume increasing, indicating that other spot crypto ETFs—likely Ethereum and smaller altcoin products—captured a larger portion of capital in absolute terms.
The sustainability of this inflow momentum and whether it reflects a shift in broader market sentiment remain to be seen in subsequent weeks.