BTC HOLDS $65K AS ETFs POST RECORD $1.1B WEEKLY INFLOW — STRONGEST SINCE APRIL!
Bitcoin is holding near $65,200**, up roughly 1.2% today and 4.3% over the past week. The big story? U.S. spot Bitcoin ETFs recorded **$853.54 million in net inflows for the week of August 3–7 — the strongest weekly performance since mid-April. Ethereum ETFs added another $244.94 million**, bringing the combined weekly total to nearly **$1.1 billion.
🔥 The Breakdown:
· BlackRock's IBIT led with a massive $693.64 million in inflows
· Fidelity's FBTC followed with $116.38 million
· ARK 21Shares' ARKB added $50.85 million
· Zero days of net outflows in August 2026 for Bitcoin ETFs
⚠️ The Irony: Bloomberg analyst Eric Balchunas noted that the Coldcard hardware wallet hack — which drained ~1,367 BTC (~$89M) — may have ironically triggered the ETF buying spree. Institutions are moving funds from self-custody to regulated products.
Key Level: Resistance at $66,000**; support at **$64,000.
$BTC
#Bitcoin #BTC #ETF #BlackRock #CryptoMarket
Bitcoin is holding near $65,200**, up roughly 1.2% today and 4.3% over the past week. The big story? U.S. spot Bitcoin ETFs recorded **$853.54 million in net inflows for the week of August 3–7 — the strongest weekly performance since mid-April. Ethereum ETFs added another $244.94 million**, bringing the combined weekly total to nearly **$1.1 billion.
🔥 The Breakdown:
· BlackRock's IBIT led with a massive $693.64 million in inflows
· Fidelity's FBTC followed with $116.38 million
· ARK 21Shares' ARKB added $50.85 million
· Zero days of net outflows in August 2026 for Bitcoin ETFs
⚠️ The Irony: Bloomberg analyst Eric Balchunas noted that the Coldcard hardware wallet hack — which drained ~1,367 BTC (~$89M) — may have ironically triggered the ETF buying spree. Institutions are moving funds from self-custody to regulated products.
Key Level: Resistance at $66,000**; support at **$64,000.
$BTC
#Bitcoin #BTC #ETF #BlackRock #CryptoMarket