🚹 Bitcoin ETFs Surge with $854M Weekly Inflows — CPI Set as Key Test 📈

US spot Bitcoin ETFs just delivered their strongest week in months.

Key Numbers:
‱ Bitcoin ETFs: $854 million in net inflows over five straight trading days

‱ Ethereum ETFs: $245 million — fifth consecutive week of inflows

‱ Combined: ~$1.1 billion

‱ BlackRock accounted for more than 80% of the total

The buying came on relatively low volume, which analysts say looks more like planned institutional allocation than aggressive momentum chasing.

Wintermute’s Warning:
Wednesday’s US CPI data will be a critical test. If inflation comes in hotter than expected and pushes September rate-hike odds back above 50%, the current rally logic could shift quickly.

Other Notable Developments:
‱ Wells Fargo plans to launch tokenized deposits this autumn (starting with a USD-GBP corridor on its own chain), joining JPMorgan and Citi in moving settlement on-chain

‱ CLARITY Act procedural vote set for September 15

Near-term calendar is packed: CPI (Aug 12), PPI (13), retail sales (14), Jackson Hole (27–29), and the CLARITY vote in mid-September.

Institutions are buying — but macro still holds the key. 👀

Are these ETF inflows the start of a stronger trend, or just temporary relief? Drop your take below 👇

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