BREAKING: Bitcoin ETFs attracted +$507 million in inflows on Thursday, the largest daily intake since the first week of May. This also marks the 3rd consecutive daily inflow. The largest Bitcoin ETF, IBIT, led Thursday’s demand, attracting +$285 million, or 56% of the total. So far in August, IBIT has seen +$1.2 billion in inflows, on track for the largest monthly inflow since May. Meanwhile, Ethereum ETFs attracted +$177 million in inflows on Thursday, the biggest daily inflow since January. Demand for crypto ETFs is exploding.(The Kobeissi Letter)