{"id":215931,"date":"2026-08-20T17:19:30","date_gmt":"2026-08-20T17:19:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=215931"},"modified":"2026-08-20T17:19:30","modified_gmt":"2026-08-20T17:19:30","slug":"bitcoin-etfs-add-over-1b-as-investor-sentiment-turns-bullish","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=215931","title":{"rendered":"Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish<\/a><\/p>\n

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Bitcoin exchange-traded funds have taken in over $1 billion in fresh cash over the past three days, helping propel the leading cryptocurrency to nearly $73,000.\u00a0<\/p>\n

Just on Wednesday, investors bought over $500 million worth of shares in the funds managed by BlackRock, Fidelity, and Grayscale, according<\/a> to data from Farside Investors.\u00a0<\/p>\n

Bitcoin\u2019s price has surged this week, and on Thursday reached $72,659 before dropping slightly. It was recently priced at $72,606, a 10% 24-hour rise. Bitcoin is currently a little over 40% below its October record of $126,080.\u00a0<\/p>\n

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JUST IN: Bitcoin is now officially out of the “Fear” in the Fear & Greed Index pic.twitter.com\/x3yWLQ8hpy<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) August 20, 2026<\/a>\n<\/p><\/div>\n

President Trump on Wednesday held a meeting at the White House with crypto executives like Coinbase CEO Brian Armstrong, as well as regulators like Securities and Exchange Commission Chair Paul Atkins.\u00a0<\/p>\n

At a press conference after, the president said that the Clarity Act was a \u201cvery, very powerful\u201d piece of legislation and urged lawmakers to pass it.\u00a0<\/p>\n

The crypto market structure bill was passed by the House of Representatives last year but has largely remained in deadlock this year. Some lawmakers were hoping for a vote in August but that will now go ahead in September.\u00a0<\/p>\n

Crypto businesses have long called for clear rules in the industry; the Clarity Act aims to establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins.\u00a0<\/p>\n

The lion\u2019s share of this week\u2019s investment has been taken in by BlackRock\u2019s iShares Bitcoin Trust, which has received $588.5 million since Monday.\u00a0<\/p>\n

Other funds, like Morgan Stanley\u2019s Bitcoin Trust, also experienced significant trading action.\u00a0The flurry of buying comes after investors last week cashed out<\/a> over $385 million from the U.S. funds after tensions in the Middle East started to escalate again. The price then mostly remained flat, despite the ETF redemptions.\u00a0<\/p>\n

Investors may be feeling bullish after the Treasury Department announcing<\/a> on Wednesday that it would more than double the size of its government debt repurchases.\u00a0<\/p>\n

Lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. Both soared as the dollar weakened following the announcement.\u00a0<\/p>\n

This post Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish Bitcoin exchange-traded funds have taken in over $1 billion in fresh cash over the past three days, helping propel the leading cryptocurrency to nearly $73,000.\u00a0 Just on Wednesday, investors bought over $500 million worth of shares in the funds managed by BlackRock, Fidelity, […]<\/p>\n","protected":false},"author":0,"featured_media":215932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-215931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215931"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215931"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/215932"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}