Bitcoin ETFs Draw $517M, Ether Funds Add $189M in Strongest Daily Inflows in Months
Spot bitcoin ETFs took in $517 million and ether funds $189 million on Aug. 19, according to data cited by CoinDesk.
On August 19, spot bitcoin exchange-traded funds recorded $517 million in net inflows, while ether-focused funds added $189 million, according to data cited by CoinDesk. The combined $706 million haul represents the strongest single-day performance for these products in several months.
The inflows came during a broad cryptocurrency rally that triggered the liquidation of roughly $2.7 billion in short positions across the market. Liquidations occur when leveraged trades are forcibly closed as prices move against the positions.
Key numbers
- $517 million in net inflows for spot bitcoin ETFs
- $189 million in net inflows for ether funds
- $2.7 billion in short positions liquidated during the rally
The figures point to renewed appetite for regulated crypto investment vehicles after a period of relatively subdued activity. Market observers are watching whether this level of demand persists in the coming weeks, though the August 19 data already marks a notable shift from recent daily averages.