U.S. Crypto ETFs See $1.1 Billion Weekly Inflow Surge
Key Facts
Reflecting a resurgence in institutional confidence in digital assets, U.S.-based crypto ETFs have recorded significant momentum. According to reports, Bitcoin and Ether ETFs attracted net weekly inflows of $1.1 billion, extending a recovery trend following previous outflow streaks. This surge in capital entry occurred despite ETF trading volumes remaining near multi-year lows, suggesting a shift toward long-term institutional positioning rather than speculative retail trading.
Detailed performance shows BlackRock’s IBIT captured over 80% of weekly Bitcoin inflows, while Fidelity’s FBTC followed with approximately 13%. In the Ether market, spot products extended their positive streak to five weeks with $244.9 million in fresh capital. This institutional activity coincides with mixed global economic signals; per market data, the U.S. ISM Manufacturing PMI reached 55.6 on August 3, 2026, beating forecasts and providing a complex backdrop for risk assets.
Technically, traders are monitoring immediate support zones for Bitcoin near $64,461 and $63,363, while resistance remains clustered between $65,250 and $67,523. There are no major crypto-specific catalysts in the upcoming economic calendar, leaving the market to react to daily flow dynamics and broader sentiment.
Latest Updates · 2
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Update: Despite the robust momentum in ETF inflows, prices for major cryptocurrencies including Bitcoin and Ethereum have remained flat. This divergence highlights a cautious spot market, where significant institutional capital entry has yet to translate into immediate upward price breakouts.
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Update: Technically, Bitcoin is currently facing a formidable 10-month resistance level, with analysts eyeing a potential breakout to define the next trend. While technical momentum has shown recent improvement, broader market sentiment remains cautious and has yet to fully align with the latest price rally.