Bitcoin ETFs See Pickup in Demand -- Market Talk

Dow Jones

08/28

0837 GMT - Bitcoin exchange-traded funds are seeing improved demand after recent capital outflows, Deus X Pay director James Madden says. Spot bitcoin ETFs from Fidelity and BlackRock have broken their outflow streak, bringing in $219 million in daily inflows, he says. "This shift reflects a renewed interest in bitcoin, demonstrating that these funds are gaining traction after a challenging period," Madden says. The influx of capital into these ETFs signals confidence in bitcoin's long-term potential and reinforces the narrow of institutional adoption of cryptocurrencies, he says. Bitcoin rises 0.7% to $113,225, recovering after hitting a nearly seven-week low of $108,829 Tuesday, LSEG data show. However, it remains well below the record high of $124,480 reached on August 14.(renae.dyer@wsj.com)

(END) Dow Jones Newswires

August 28, 2025 04:37 ET (08:37 GMT)

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Spot bitcoin ETFs from Fidelity and BlackRock have broken their outflow streak, bringing in $219 million in daily inflows, he says. \"This shift reflects a renewed interest in bitcoin, demonstrating that these funds are gaining traction after a challenging period,\" Madden says. The influx of capital into these ETFs signals confidence in bitcoin's long-term potential and reinforces the narrow of institutional adoption of cryptocurrencies, he says. Bitcoin rises 0.7% to $113,225, recovering after hitting a nearly seven-week low of $108,829 Tuesday, LSEG data show. 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Spot bitcoin ETFs from Fidelity and BlackRock have broken their outflow streak, bringing in $219 million in daily inflows, he says. \"This shift reflects a renewed interest in bitcoin, demonstrating that these funds are gaining traction after a challenging period,\" Madden says. The influx of capital into these ETFs signals confidence in bitcoin's long-term potential and reinforces the narrow of institutional adoption of cryptocurrencies, he says. Bitcoin rises 0.7% to $113,225, recovering after hitting a nearly seven-week low of $108,829 Tuesday, LSEG data show. However, it remains well below the record high of $124,480 reached on August 14.(renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 28, 2025 04:37 ET (08:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DEFI","symbol_name":"Hashdex Bitcoin ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2562089112","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562089112","pubTimestamp":1756370220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0837 GMT - Bitcoin exchange-traded funds are seeing improved demand after recent capital outflows, Deus X Pay director James Madden says. Spot bitcoin ETFs from Fidelity and BlackRock have broken their outflow streak, bringing in $219 million in daily inflows, he says. \"This shift reflects a renewed interest in bitcoin, demonstrating that these funds are gaining traction after a challenging period,\" Madden says. The influx of capital into these ETFs signals confidence in bitcoin's long-term potential and reinforces the narrow of institutional adoption of cryptocurrencies, he says. Bitcoin rises 0.7% to $113,225, recovering after hitting a nearly seven-week low of $108,829 Tuesday, LSEG data show. 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Spot bitcoin ETFs from Fidelity and BlackRock have broken their outflow streak, bringing in $219 million in daily inflows, he says. \"This shift reflects a renewed interest in bitcoin, demonstrating that these funds are gaining traction after a challenging period,\" Madden says. The influx of capital into these ETFs signals confidence in bitcoin's long-term potential and reinforces the narrow of institutional adoption of cryptocurrencies, he says. Bitcoin rises 0.7% to $113,225, recovering after hitting a nearly seven-week low of $108,829 Tuesday, LSEG data show. However, it remains well below the record high of $124,480 reached on August 14.(renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 28, 2025 04:37 ET (08:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}