US spot Bitcoin ETFs recorded their best week since October 2024, attracting approximately $1.92 billion in net inflows over the five trading days ending August 22. BlackRock dominated with its IBIT product, which alone accounted for 83% of total inflows on August 20 at $503 million. Bitcoin price rose 18% to 25% during this period, testing levels near $80,000. Trading volume across all spot Bitcoin ETFs surged more than 219% to reach $22.1 billion for the week, bringing cumulative assets under management to approximately $96.1 billion.
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