$BTC added $14,775 in seven days, closing at $77,593 after a 23.5% weekly gain.
By percentage, it was Bitcoin’s strongest week since March 2023.
Several forces hit at once: the Treasury increased long-duration bond buybacks, Trump pushed for the CLARITY Act, and roughly $2.7B in crypto shorts were liquidated.
But ETF flows give the move more substance.
US spot Bitcoin ETFs recorded their strongest weekly inflows since October 2025.
That is important because ETF demand had been a persistent drag on Bitcoin throughout much of 2026.
There’s still a catch: ETF holders have an estimated average cost of $84,029, meaning the group remains underwater around current prices.
For me, September becomes the real test.
Can ETF demand keep absorbing supply after the short squeeze is gone?
By percentage, it was Bitcoin’s strongest week since March 2023.
Several forces hit at once: the Treasury increased long-duration bond buybacks, Trump pushed for the CLARITY Act, and roughly $2.7B in crypto shorts were liquidated.
But ETF flows give the move more substance.
US spot Bitcoin ETFs recorded their strongest weekly inflows since October 2025.
That is important because ETF demand had been a persistent drag on Bitcoin throughout much of 2026.
There’s still a catch: ETF holders have an estimated average cost of $84,029, meaning the group remains underwater around current prices.
For me, September becomes the real test.
Can ETF demand keep absorbing supply after the short squeeze is gone?
