During the completed week ending August 7, U.S. spot Bitcoin ETFs recorded $865.3 million in net inflows, while spot Ethereum ETFs attracted $243.7 million in net inflows.
Bitcoin climbed above $65,000 as investors looked ahead to this week’s U.S. inflation data, with weaker jobs data reducing rate-hike expectations and supporting risk appetite.
The U.S. Senate delayed the CLARITY Act vote until September, keeping market-structure regulation in focus after Majority Leader John Thune filed cloture to set up a vote after the August recess.
Bitcoin’s controversial BIP-110 fork attempt stalled after mining only two blocks, leaving the main network ahead and reducing immediate concerns around a split in the Bitcoin chain.
Brazil moved to tighten crypto fraud controls with a proposed 24-hour hold on large transfers to self-custody wallets, while Australia ordered Cryptolink Bitcoin ATMs offline over reporting failures.
BTCPay restricted remote Lightning access after attackers exploited a vulnerability to steal funds, adding to recent concerns around Bitcoin infrastructure and self-custody security.
Bitcoin is trading around $65,283, while Ethereum is trading around $1,927.
The Fear and Greed Index stands at 30, indicating fear in market sentiment.
