Bitcoin ETFs chase billion-dollar month as inflows hit $189 million

Wall Street isn't cooling on crypto just because the summer heat is fading. U.S. spot Bitcoin ETFs hauled in another $189 million on Tuesday, pushing total net inflows for August toward the $951 million mark. It's a significant show of strength for the products, which have faced choppy price action throughout the month. BlackRock's IBIT continues to dominate the leaderboard, while Grayscale's GBTC saw its usual outflows start to taper. Ether ETFs didn't sit out the rally either, clocking $71.5 million in fresh capital during the same session. This marks a notable shift in sentiment for the newly launched Ethereum products, which struggled to find their footing in early August. Institutional players are clearly buying the dip despite broader market uncertainty. The big question is whether this momentum can push August past the billion-dollar milestone before the final bell rings on Friday.