🟢 Bitcoin Futures ETF (BITO) is trading 5.9% up on approximately $189 million of Bitcoin ETF inflows

BITO is trading 5.9% up as institutional demand returns alongside approximately $189 million in reported U.S. spot Bitcoin ETF inflows.

• Bitcoin traded near $64,000–$65,000 on August 19.
• A controlled crypto short squeeze and softer Treasury yields ahead of the Federal Reserve minutes also supported the move.
• Collapsing CLARITY Act passage odds, geopolitical risks, and inflation risks remain counterweights.