Bitcoin ETFs Post $3.52B August Inflows as BTC Jumps 25%

Bitcoin (BTC) dropped to $76,400 as its demand indicator turned negative, with US spot Bitcoin ETFs seeing outflows of $236 million. The price later reclaimed $77,000. Asian equities also fell sharply, with South Korea's KOSPI down 4.0% and Japan's Nikkei 225 down 2.9%.

Cryptocurrencies fell despite easing bond yields and reduced Fed rate hike expectations. Bitcoin (BTC) dropped 1.2% to $77,100, and Ethereum (ETH) declined 1.7% to $2,401. Overall crypto market cap fell 1.14% to $2.6T. Bitcoin Spot ETFs saw $237M outflows, while Ethereum Spot ETFs had $9M inflows.

Bitcoin (BTC) fell 1% to $76,600 on Sept. 2, alongside stocks, due to rising bond yields (10-year Treasury at 4.814%) and oil prices (WTI at $90, Brent at $95). Ethereum (ETH) dropped 1.5% to $2,385, while Solana (SOL) and XRP (XRP) each fell 2%. The declines follow a strong August rally for cryptocurrencies.

The iShares Bitcoin Trust ETF (IBIT) surged 25.34% in a month, its largest gain since inception, amid $3.2 billion in weekly crypto fund inflows. Bitcoin rose to $78,142, up 24% from $63,000 last month, despite a 28% year-to-date decline. IBIT saw $928 million in inflows last week, following $1.3 billion the prior week, the highest since October 2025. The ETF's performance is driven by institutional investment, not retail enthusiasm, and its expense ratio of 0.33% makes it the largest and most c

Bitcoin spot ETFs had a total net outflow of $236 million on September 1, with BlackRock's IBIT leading at $201 million. Bitwise's BITB had the highest inflow at $8.38 million. Total net asset value is $97.121 billion, with a 6.25% ETF net asset ratio.

Bitcoin, Ethereum, and XRP prices fell due to US-Iran tensions, with Bitcoin dropping 2.2% to $76,926.53. Oil prices surged to $90 a barrel, impacting global markets. Crypto market cap fell 1.4% to $2.7 trillion. Analysts note potential similarities to Bitcoin's 2023 bottoming pattern.