Bitcoin Posts Third-Best August on Record as ETF Inflows Return
Key Takeaways
- •Bitcoin rose 25% in August, making it the third-strongest August in its history behind 2017 and 2013.
- •Bitcoin had traded below $65,000 during much of June and July, when volatility was unusually subdued.
- •Market sentiment improved after the U.S. Treasury said it would more than double debt repurchases amid pressure in fixed-income markets.
- •President Donald Trump urged lawmakers to advance the crypto Clarity Act, though the vote was delayed.
- •Spot bitcoin ETFs attracted more than $2.8 billion in August, the largest monthly inflow since October.
Bitcoin Magazine | Bitcoin Posts Third-Best August on Record as ETF Inflows Return
Bitcoin is often associated with summer slumps, but August proved to be an exception.
The leading cryptocurrency posted its third-best August ever, according to Bitwise’s European Head of Research, André Dragosch, who said bitcoin returned 25% last month.
“No ‘summer lull’ so far,” Dragosch wrote on X, noting that only August 2017 and August 2013 were stronger. In 2017, bitcoin gained 65.6% in August, while in 2013 it rose 30.7%.
OFFICIAL: August 2026 is in the books and it's been the 3rd best August in bitcoin's history. August 2017: +65.6% August 2013: +30.7% August 2026: +25.0% No "summer lull" so far. pic.twitter.com/jwHt2VP5Sk — André Dragosch, PhD (@Andre_Dragosch) September 1, 2026
OFFICIAL: August 2026 is in the books and it's been the 3rd best August in bitcoin's history. August 2017: +65.6% August 2013: +30.7% August 2026: +25.0% No "summer lull" so far. pic.twitter.com/jwHt2VP5Sk
Several analyses have suggested that June through September tend to produce weaker average returns than the rest of the year, which has made bitcoin’s August performance stand out in a period that is often watched for muted trading activity. During much of June and July, bitcoin’s volatility remained unusually subdued, and the asset traded below $65,000.
That changed in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases because fixed-income markets were under pressure and yields had surged to levels not seen in nearly 20 years.
Lower long-term yields reduce the opportunity cost of holding non-yielding assets such as bitcoin and gold, while also generally supporting risk-on sentiment. As a result, investors moved into bitcoin.
Additional support came after President Donald Trump urged lawmakers to advance the long-awaited crypto Clarity Act. The digital asset industry has long pushed for clearer rules on how regulators should treat bitcoin, stablecoins, and other cryptocurrencies.
Although a vote on the legislation was delayed, Trump described the draft as “very powerful” after meeting with crypto industry bigwigs and CEOs.
Investors also returned to exchange-traded funds in August, putting more than $2.8 billion into the products, the most since October, when bitcoin reached a new all-time high. That renewed ETF demand helped restore a channel that had been closely watched by market participants since the products opened the door to broader institutional access earlier in the year.
Bitcoin logged its strongest monthly run in three years and was up nearly over 20% over the past month. The asset climbed as high as $81,281 last week before slipping again on Friday.
Bitcoin’s price recently stood at $76,883, nearly 3% lower over a 24-hour period.
This post Bitcoin Defies Seasonal Slump With Third-Best August Ever first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
