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U.S. <a href="https://xpertsstudio.com/james-wynn-147k-bitcoin-long-liquidated/” title=”James Wynn: $147K Bitcoin Long Liquidated”>Bitcoin ETF Inflows $3.5 Billion in August
Monthly Fund Inflows
The Highest Since July Last Year
Kimchi Premium Resurrected in Korea
While Bitcoin surged 25% last month, marking the largest monthly increase since November 2024, a net inflow of $3.5 billion (about 4.8 trillion won) to the U.S.-listed Bitcoin Spot Exchange Fund (ETF) in a month, the report showed. It is the largest since July last year.
As the so-called “Kimchi Premium” has risen again on the domestic virtual asset exchange, the market is paying attention to whether Bitcoin can continue its upward rally through the $80,000 wall.
According to Bloomberg and Faside Investors on the 1st (local time), about $3.5 billion of funds poured into spot bitcoin ETFs listed in the U.S. during the month of August. This is the largest monthly figure since July 2025.
Of the $3.5 billion in net inflows from Bitcoin spot ETFs in August, BlackRock’s IBIT accounted for about 88% of total net inflows
The biggest catalyst for this money transfer was the change in the macroeconomic environment in the United States. As U.S. Treasury Secretary Covestent said last month that he would expand the buyback of long-term government bonds, analysts say that the demand for so-called “debt trade” to defend against the weak dollar and the government’s currency depreciation has revived.
After Minister Bessent’s announcement, Bitcoin also overlapped with short covering by investors who were betting on weakness, and Bitcoin once exceeded the $80,000 mark in August.
“Over the past few months, investors have been looking for excuses to buy virtual assets, and the fundamentals have been strong,” said Matt Hogan, chief investment officer at Bitwise Asset Management. “Investors jumped in when Minister Bessent provided a justification in August.”
Dan Morehead, founder of Panthera Capital, predicted, “As the government prints money and devalues paper currency, real assets such as Bitcoin will perform well.”
According to Citigroup, the average purchase unit price of bitcoin spot ETF investors is between $80,000 and $83,000. This means that the current price range is a section directly connected to investors’ break-even point.
Experts expect that if continued buying through ETFs continues, the typical demand-driven structure of past bull markets, where prices rise, could be restored.
While the U.S. market is recovering mainly on institutions and ETFs, the domestic market is reeling from the “Kimchi Premium,” which suggests the return of individual investors.
According to CryptoQuant, the price of Bitcoin, which is traded on Upbit, Korea’s largest virtual asset exchange, was traded about 1% higher than the price of the Binance dollar on the 1st. The trend of domestic prices being higher than overseas has continued for more than a week, the longest premium rise since early May.
This is in contrast to the “reverse gimp” phenomenon throughout the summer in which bitcoin was traded below global prices in the Korean market. In fact, in early June, the reverse gimp widened to 3.1%, and the average reverse gimp in August also remained at 0.25%.
However, some are cautious that it is too early to see Bitcoin’s recent rebound as a sign of a full-fledged trend shift.
Markus Tillen, head of 10X Research, said, “Only the kimchi premium has turned positive without a clear increase in in-kind trading volume,” and pointed out, “In the early phase of Bitcoin’s rebound, many investors are still focused on artificial intelligence (AI)-related stocks.”
Source: www.mk.co.kr