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Bitcoin ETF inflows hit $517M, largest since May, as Bitcoin nears $70K amid Treasury buyback boost.

Market News
20 Aug 2026
Blockonomi
View Source
Bullish
Bitcoin ETF inflows hit $517M, largest since May, as Bitcoin nears $70K amid Treasury buyback boost.

Bitcoin ETF inflows surged to $517.19 million on Wednesday, the highest daily total since early May, driven by broad participation from eight of 12 U.S. funds. BlackRock’s IBIT led with $284.7 million, followed by ARKB and Fidelity’s FBTC. This inflow coincided with Bitcoin rising above $69,000, testing key technical levels near its 200-day moving average. The rally was supported by the U.S. Treasury doubling its long-term bond buyback caps, easing market liquidity and boosting risk appetite. While this signals renewed institutional interest, analysts caution that sustained momentum depends on Bitcoin maintaining gains above critical technical zones.

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