Bitcoin and Ethereum ETFs attracted a combined $220M in net inflows on August 6, marking a significant rebound after a difficult first half of the year. Bitcoin ETFs drew $128.69M while Ethereum products gathered $92.15M, with both major categories moving in the same direction for the first time in a while. BlackRock leads the market with its IBIT holding approximately 777,872 BTC valued at roughly $54.4B. Cumulative net inflows into Ethereum ETFs since launch have reached $11.18B, while large Bitcoin holders added approximately $1.2B worth of BTC during the same timeframe. This simultaneous demand suggests a shift in institutional sentiment, with investors viewing crypto as a diversified allocation rather than a speculative bet.
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