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Bitcoin spot ETFs extend inflow streak to three sessions, led by BlackRock\'s IBIT

Bitcoin spot exchange-traded funds (ETFs) extended their inflow streak to three trading sessions, pushing total net inflows for the month above $626 million. On Aug. 6, the ETFs recorded $244.4 million in net inflows, Cointelegraph reported. BlackRock\'s iShares Bitcoin Trust ETF (IBIT) led the moves, drawing $479 million over three sessions, with cumulative net inflows nearing $61 billion, according to Farside Investors.

Crypto

Fed chair \'no inflation easing\' comment rattles markets; bitcoin slips below $64,000

Bitcoin rose above $64,400 right after the U.S. Federal Reserve kept its policy rate unchanged, but slid back below $64,000 after Fed Chair Kevin Warsh’s hawkish remarks. Over 24 hours, it was up just 0.13%. The Fed held rates at 3.50 to 3.75%, with three FOMC members dissenting for a 25-basis-point hike. Other major crypto prices were mostly rangebound, while risk assets faced pressure from higher oil prices and rising U.S. Treasury yields.

Crypto

Bitcoin spot ETFs extend inflow streak to seven sessions, near $1 billion total

Bitcoin spot exchange-traded funds extended their inflow streak to seven trading sessions, taking cumulative net inflows close to $1 billion. Cointelegraph reported net inflows of $68.99 million on July 22. Sosovalue data showed total net inflows since July 14 at $999.38 million. Market sentiment remained weak, with the Crypto Fear & Greed Index at 31. XYO co-founder Marcus Levin said institutions were rebuilding long-term exposure via regulated ETFs.