Bitcoin, Ether ETFs draw $1.08B in a week, best since April, while BTC rises 0.26% and ETH gains 0.35%
Crypto ETFs saw their strongest week since April: BTC ETF inflows +$847.0M and ETH ETF inflows +$229.7M (combined $1.08B), yet prices barely rose. Under the surface, BTC had broad demand (spot CVD +$142.8M; futures CVD +$1.61B) but was offset by long-term holder distribution of 14,526 BTC (~$929M). ETH flows were more futures-driven (futures CVD +$717.1M; spot CVD -$63.1M).
AI Insight · BTC/USDTAI Insight
● Neutral
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
During Aug 3-7, BTC ETFs posted $847.0M of net inflows and ETH ETFs took in $229.7M, lifting combined inflows to $1.08B, the strongest weekly showing since April. Price reaction was limited, with BTC up 0.26% and ETH up 0.35%. After five consecutive inflow sessions, BTC saw a $91.0M outflow on Monday, while ETH remained positive with an additional $5.3M inflow. On-chain data show BTC spot CVD at $142.8M and futures CVD at $1.61B, alongside long-term holders distributing 14,526 BTC (about $929M), while ETH spot CVD was -$63.1M and futures CVD was +$717.1M.