Bitcoin ETFs Surge With Institutional Buying After Six Days of Outflows

After a period of six consecutive days of investor withdrawals, Bitcoin exchange-traded funds (ETFs) saw positive inflows for the first time in weeks. Institutional investors like Fidelity and BlackRock spearheaded this rebound, injecting significant capital back into crypto investment products. This reversal comes as Bitcoin prices experienced a notable correction following their record high of $124,128 on August 14, dropping approximately 11% to reach $110,186 by Monday trading.