US spot Bitcoin ETFs attracted net inflows of $853.5 million in just the first five trading sessions of August. This figure is nearly five times the total inflows recorded throughout July, which stood at $172.4 million.
Data from SoSoValue shows a daily breakdown of this buying trend. On August 3, ETF products recorded inflows of $170.1 million, with the pace accelerating to $211.5 million the following day. Of the total new capital inflows, BlackRock’s IBIT ETF took the largest share, contributing around $693 million. This dominance represents 81% of the total inflows for the US spot Bitcoin ETF category early this month.
Contrast Between Institutional Capital and Spot Price
This capital injection of nearly one billion dollars has apparently not been enough to move prices in the open market. Bitcoin remains held below the $65,000 mark. While demand from ETF products has proven helpful in keeping the asset from falling below the $64,000 range, retail buyers have yet to see confirmation of an upward price breakout.
Capital flows from Wall Street also showed clear targeting. US spot Ethereum ETFs captured $244.9 million in capital between August 3 and August 7. This demand has supported Ethereum in holding above $1,900, bringing it a step closer to the psychological level of $2,000. Combined, the two largest assets absorbed $1.1 billion in ETF liquidity in just one week. On the other hand, a low-cap crypto product named HYPE was barely touched by the market, recording inflows of only $1 million on August 5, which slightly increased to $2.84 million on August 6.
Two Opposing Directions
The massive institutional interest failing to quickly lift prices has led to two different analyses. Nansen founder Alex Svanevik remains optimistic that Bitcoin will never drop below $60,000 again. Svanevik relies on the theory that the asset’s value will continue to be sought after as a hedge against central bank policies that expand money printing and monetary expansion.
This view met immediate opposition. Analyst Michael Terpin warned investors of the risk of a sharp correction instead. Terpin predicts Bitcoin has the potential to drop by 66% if it hits a new projected all-time high of $126,100 in October 2025. If this pessimistic scenario plays out, the price could fall back to the $40,000 range.
Big money has made its choice through official channels, while the spot market is still struggling to break through resistance levels. The opening of institutional gates has clearly strengthened crypto’s price floor, but it has not immediately sent prices soaring straight to new highs.
Reported by crypto.news.
Read also: How to Read Candlestick Charts for Beginners
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
