U.S. Bitcoin ETFs attract $2.56 billion in new investments over past week

Bitcoin ETFs see largest weekly inflows since October

U.S. Bitcoin exchange-traded funds (ETFs) have received $2.56 billion in new investments since last Monday, according to data from Farside Investors. An ETF is a fund that tracks the price of an asset, like Bitcoin, and can be bought and sold like a stock. This surge in investment has helped push Bitcoin’s price up by nearly 25% over the past seven days.

This week alone, nearly $652 million flowed into Bitcoin ETFs managed by firms like BlackRock, Morgan Stanley, and Fidelity. Bitcoin’s price recently reached $78,302, after climbing as high as $81,160 earlier in the week.

Key figures from the past week

• $2.56 billion: Total new investments in U.S. Bitcoin ETFs since last Monday.
• $652 million: New cash inflows this week alone.
• $78,302: Bitcoin’s current trading price, up nearly 25% in seven days.
• $81,160: Bitcoin’s peak price this week.
• $2.08 billion: Inflows over the past five trading sessions, per Bitcoin Magazine.

What drove the recent surge?

Bitcoin’s price rise follows a slow June and July, when it mostly traded below $65,000. The cryptocurrency benefited from news that the U.S. Treasury would double the size of its liquidity-support buyback operations. This announcement weakened the U.S. dollar, making assets like Bitcoin and gold more attractive to investors.

Eric Balchunas, a Bloomberg Intelligence ETF analyst, noted on X (formerly Twitter) that the “debasement trade” was back. This strategy involves buying assets like Bitcoin or gold to protect against currency losing value. Balchunas said gold and Bitcoin ETFs combined saw $7 billion in inflows over the past week, the highest for a five-day period.

What is confirmed

• U.S. Bitcoin ETFs received $2.56 billion in new investments since last Monday, per Farside Investors.
• Bitcoin’s price rose to $78,302, up nearly 25% in seven days.
• Gold and Bitcoin ETFs combined saw $7 billion in inflows over the past week, according to Bloomberg Intelligence.
• President Donald Trump met with crypto executives and urged lawmakers to pass the crypto Clarity Act.

What is still unclear

• The article does not confirm whether the inflows will continue at the same pace.
• No official statement from the Treasury explains how the buyback operations directly impact Bitcoin’s price.
• It is unclear if the crypto Clarity Act will pass or when it might become law.

Why investors are turning to Bitcoin and gold

Investors are concerned about U.S. borrowing, a weak dollar, and efforts to control long-term yields. Assets like Bitcoin and gold are seen as hedges because they cannot be printed or created endlessly, unlike traditional currencies. This makes them attractive during times of economic uncertainty.

Sources

• Bitcoin Magazine