Market Flux Event
Bitcoin ETFs Rack Up $2.8B Over Eight-Day Inflow Streak as BTC Tests $80K Supply Wall
US spot Bitcoin ETFs attracted $2.8 billion in net inflows across eight consecutive sessions, putting August on track for its strongest monthly inflow total since October 2025. The most recent daily figure slowed to $232 million as Bitcoin continued to test the $80,000 level, which analysts identify as the largest supply cluster on the chart and sits near the 50-week moving average, a closely watched technical threshold. That price level also corresponds roughly to the average cost basis for ETF holders, making it a critical zone where selling pressure could intensify.
Separately, XRP ETFs posted their biggest single-day inflow since January, a sign that institutional appetite is broadening beyond Bitcoin even as BTC stalls at resistance.
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Sources
- decrypt.coBitcoin ETFs Draw $2.8B in Eight-Day Streak as BTC Tests $80K
- altcoinbuzz.ioBitcoin ETF Inflows Slow to $232M as BTC Holds Below $80K
- CoindeskBitcoin tests its largest supply wall at $80,000, near ETF holders’ average price
- coindesk.comBitcoin tests its largest supply wall at $80,000, near ETF holders' average price
- coincu.comBitcoin ETFs Draw $2.8B in 8 Days as BTC Tests $80K