The largest digital asset has fallen about 10% in August.
BlackRock's fund dethroned the $19.65 billion Grayscale Bitcoin Trust.
The 11 U.S. spot bitcoin ETFs have seen outflows of $182 million this month.
The high demand from U.S.-listed bitcoin ETFs leads to a frenzy for tokens.
Sector-specific factors have been supporting Bitcoin, including the debut of US exchange-traded funds dedicated to the token.
Bitcoin miners are getting a jump on an anticipated decline in revenue.
Anyone who wants to buy, sell or hold tokens needs a crypto wallet.
Investors are piling into coins perceived to be under less regulatory threat than bitcoin.
The inflows are the highest since July 2022 and follow nine consecutive weeks of outflows.
The largest digital asset has climbed 67% since Dec. 31.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
