BTC HOLDS $65K AS ETFs NOTCH BEST WEEK SINCE APRIL — $854M INFLOWS!
Bitcoin is holding steady near $65,000**. U.S. spot Bitcoin ETFs recorded approximately **$853.54 million in net inflows for the week ending August 7 — the strongest weekly performance since mid-April.
🔥 The Breakdown:
· BlackRock's IBIT dominated with $690 million — over 80% of total inflows
· About 11,792 BTC (~$754M) moved into ETF-linked wallets
· Bitcoin wallet creation hit a one-year high of 2.27M new wallets
The Irony: The surge was partly triggered by the Coldcard hardware wallet hack — institutions are fleeing self-custody for regulated products.
Key Level: Resistance at $65,500**; support at **$64,700.
$BTC
#Bitcoin #BTC #ETF #BlackRock #CryptoMarket
Bitcoin is holding steady near $65,000**. U.S. spot Bitcoin ETFs recorded approximately **$853.54 million in net inflows for the week ending August 7 — the strongest weekly performance since mid-April.
🔥 The Breakdown:
· BlackRock's IBIT dominated with $690 million — over 80% of total inflows
· About 11,792 BTC (~$754M) moved into ETF-linked wallets
· Bitcoin wallet creation hit a one-year high of 2.27M new wallets
The Irony: The surge was partly triggered by the Coldcard hardware wallet hack — institutions are fleeing self-custody for regulated products.
Key Level: Resistance at $65,500**; support at **$64,700.
$BTC
#Bitcoin #BTC #ETF #BlackRock #CryptoMarket