U.S. Bitcoin ETFs attract $1 billion in three days as price nears $73,000

Bitcoin ETFs see largest inflows in days

U.S. Bitcoin exchange-traded funds (ETFs)—investment funds that track Bitcoin’s price and trade on stock exchanges—have received over $1 billion in new investments over the past three days. This surge in buying activity has helped push Bitcoin’s price close to $73,000.

On Wednesday alone, investors bought more than $500 million worth of shares in these funds, according to data from Farside Investors. Bitcoin’s price rose to $72,659 on Thursday before dropping slightly. It is now about 40% below its record high of $126,080 set in October.

Key numbers behind the surge

• Over $1 billion flowed into U.S. Bitcoin ETFs in three days.
• $500 million was invested on Wednesday.
• BlackRock’s iShares Bitcoin Trust received $588.5 million since Monday.
• Bitcoin’s price reached $72,659 on Thursday, a 10% increase in 24 hours.
• Investors had withdrawn $385 million from these funds last week due to rising Middle East tensions.

BlackRock fund leads inflows

BlackRock’s iShares Bitcoin Trust attracted the largest share of new investments, receiving $588.5 million since Monday. Other funds, including Morgan Stanley’s Bitcoin Trust, also saw significant trading activity.

The recent buying follows a period of outflows last week, when investors pulled $385 million from U.S. Bitcoin ETFs amid escalating tensions in the Middle East. Despite those withdrawals, Bitcoin’s price remained relatively stable.

Regulatory and economic factors drive sentiment

Investor sentiment has improved following two key developments. On Wednesday, U.S. President Trump met with crypto executives, including Coinbase CEO Brian Armstrong, and regulators like SEC Chair Paul Atkins. After the meeting, Trump called the Clarity Act—a proposed crypto market structure bill—“very, very powerful” and urged lawmakers to pass it.

The Clarity Act, which passed the House of Representatives last year but stalled in the Senate, aims to create clear rules for digital assets, including how to classify them as securities, commodities, or payment stablecoins. Some lawmakers had hoped for a vote in August, but it has been delayed until September.

Additionally, the U.S. Treasury Department announced on Wednesday that it would more than double the size of its government debt repurchases. This move weakened the U.S. dollar and reduced long-term yields, making non-yielding assets like Bitcoin and gold more attractive to investors.

What is confirmed

• U.S. Bitcoin ETFs received over $1 billion in new investments over three days.
• BlackRock’s iShares Bitcoin Trust led inflows with $588.5 million.
• Bitcoin’s price reached $72,659 on Thursday, a 10% increase in 24 hours.
• President Trump met with crypto executives and regulators on Wednesday.
• Trump publicly supported the Clarity Act and urged lawmakers to pass it.
• The U.S. Treasury announced plans to increase government debt repurchases.

What is still unclear

• Whether the Clarity Act will pass the Senate in September.
• The long-term impact of the Treasury’s debt repurchase plan on Bitcoin’s price.
• How much of the recent ETF inflows are driven by institutional versus retail investors.

Why this matters for investors

The recent inflows into Bitcoin ETFs suggest growing investor confidence in crypto as a mainstream asset. The surge in buying activity, combined with regulatory developments like the Clarity Act, could signal a shift toward clearer rules for the industry. Additionally, the Treasury’s debt repurchase plan may continue to support Bitcoin’s price by making it more attractive compared to traditional investments.

Sources

• Bitcoin Magazine
• Farside Investors (ETF data)