Bitcoin Retreats Following $3 Billion ETF Inflow Rally
Bitcoin fell to $77,379 after a rally fueled by $3 billion in ETF inflows over nine days.
Bitcoin ETFs attracted $2.56 billion in new investment over the past week, pushing BTC to $78,302. The rally follows a Treasury announcement boosting the…
The winning streak for bitcoin exchange-traded funds has persisted, drawing in billions of dollars in fresh capital during the last seven days.
Since last Monday, U.S. investors have poured $2.56 billion into these funds, based on figures from Farside Investors, contributing to a rise in the top digital asset's value.
So far this week, roughly $652 million in new money has entered the products overseen by firms such as BlackRock, Morgan Stanley, and Fidelity.
Bitcoin changed hands at $78,302 recently, following a surge of almost 25% across a week. The cryptocurrency reached an intraday peak of $81,160 on Monday.
JUST IN: U.S. spot Bitcoin ETFs have taken in $2.08 billion over the past 5 trading sessions
— Bitcoin Magazine (@BitcoinMagazine) August 26, 2026
The advance in bitcoin follows a lackluster June and July, during which the price largely stayed under $65,000.
Bitcoin has gained from reports that the Treasury intends to at least double the scale of its liquidity-support buyback programs. Last week's news weakened the dollar, while non-yielding assets such as bitcoin and gold have profited.
On Wednesday, Bloomberg Intelligence ETF analyst Eric Balchunas posted on X that the debasement trade had returned.
“Gold and Bitcoin ETFs have combined for +$7b in flows in past week, by far a record for a 5-day period as debasement trade steals spotlight from AI,” he said.
The debasement trade refers to investors purchasing assets to protect against currency depreciation. Bitcoin and precious metals have performed strongly in this strategy, as they cannot be printed indefinitely.
Last year, the strategy garnered significant discussion but later faded as investors turned their attention to artificial intelligence stocks.
Currently, concerns about U.S. government borrowing, a weakening dollar, and attempts to control long-term yields are troubling investors.
Last week, bitcoin ETFs recorded their strongest week since October, with close to $2 billion in new investments.
Favorable regulatory signals from the White House have also fueled the burst of trading. Earlier last week, President Donald Trump met with crypto executives and then urged legislators to pass the long-awaited Clarity Act for cryptocurrencies.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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