$BITCOIN ETFs Pull $731 Million in Biggest Day Since January as BTC Tops $80,000
Thursday's $731M inflow reversed Tuesday's $236M outflow in a single session — the strongest daily haul since January with IBIT alone pulling $454M, ARKB $138M, and FBTC $74M. Total Bitcoin ETF net assets crossed $103.34B — 6%+ of Bitcoin's market cap — with cumulative net inflows since launch reaching $55.44B. The caveat: IBIT drove both the week's largest outflow and its largest inflow in four sessions, pointing to one large desk repositioning rather than broad allocator conviction. Privacy coins led the accompanying rally — Dash +17%, Zcash +16.5% — the retail sentiment cohort that outperforms when speculative appetite returns. VIX fell to 14, its lowest since January, even as El-Erian warned the bond selloff has further to run. Friday's August payrolls at 8:30am ET with consensus at 53,000-65,000 is the binary that decides whether this bid holds.
Thursday's $731M inflow reversed Tuesday's $236M outflow in a single session — the strongest daily haul since January with IBIT alone pulling $454M, ARKB $138M, and FBTC $74M. Total Bitcoin ETF net assets crossed $103.34B — 6%+ of Bitcoin's market cap — with cumulative net inflows since launch reaching $55.44B. The caveat: IBIT drove both the week's largest outflow and its largest inflow in four sessions, pointing to one large desk repositioning rather than broad allocator conviction. Privacy coins led the accompanying rally — Dash +17%, Zcash +16.5% — the retail sentiment cohort that outperforms when speculative appetite returns. VIX fell to 14, its lowest since January, even as El-Erian warned the bond selloff has further to run. Friday's August payrolls at 8:30am ET with consensus at 53,000-65,000 is the binary that decides whether this bid holds.
