US Spot Bitcoin ETFs Pull in Nearly $1B for a Third Straight Week
US spot Bitcoin ETFs recorded nearly $1 billion in net inflows last week, extending their positive run to three consecutive weeks as institutional demand continued to recover.
US spot Bitcoin ETFs recorded nearly $1 billion in net inflows last week, extending their positive run to three consecutive weeks as institutional demand continued to recover.
Bitcoin could reach $200,000 by the end of the year if U.S. retirement plans begin allocating into crypto, according to Andre Dragos, head of European research at Bitwise. He shared this view in an interview with Cointelegraph.
Over the past four days, Bitcoin has corrected nearly 8% from its record high above $124,000. Technical indicators point to the risk of a deeper decline.
Concerns over future Federal Reserve policy were the main driver behind Bitcoin’s latest correction, according to Vincent Liu, CIO of Kronos Research, in comments to The Block.
Last week, BTC/USD posted a new all-time high above 124,500.00 before shifting into correction, with the U.S. dollar strengthening on renewed uncertainty over the Federal Reserve’s next moves. July wholesale inflation data showed producer prices rising sharply: PPI jumped from 2.4% to 3.3% y/y, while core PPI advanced from 2.6% to 3.7%. This has forced analysts to push back expectations for rate cuts, with fears the Fed could hold borrowing costs at 4.25–4.50% well into year-end.
Despite Bitcoin’s slide toward $117,000, dip buyers didn’t flinch.
Bitcoin has a 50% chance of reaching $140,000–$150,000 before the end of 2025, according to Stephen McClurg, CEO of Canary Capital. Speaking to CNBC, McClurg added that the next bear market is likely to begin in 2026.
Michael van de Poppe, analyst and founder of MN Trading, has identified the $121,000 mark as the critical level for Bitcoin to resume its upward momentum
Charles Edwards, founder of Capriole Investments, forecasts that Bitcoin could see another strong move upward within the next week, driven by a surge of institutional buying on Coinbase.
Bitcoin’s volatility has kicked into high gear. A fresh all-time high was followed by a sharp pullback. Here’s what argues for (and against) a renewed push higher.
Bitcoin has notched a fresh record, vaulting past $124,529 at the time of writing — a 3.11% gain day over day. The flagship crypto’s market capitalization now stands at $2.45 trillion. That puts BTC ahead of Amazon and just behind Alphabet (Google), slotting it at No. 6 globally among the world’s most valuable assets.
Bitcoin starts the week pressing into price discovery, with a weekend jump to $122,000 and a clear focal point forming around a newly opened CME gap near $117,200. The setup is clean: bulls want higher highs and a weekly close above reclaimed supports; bears point to a textbook retrace target and a soft patch in U.S. spot demand. Layer on a macro-heavy calendar — CPI and PPI — plus rising odds of a September Fed rate cut, and you have a week where positioning, liquidity, and intraday flows matter more than headlines.
Michael Saylor’s Strategy has quietly topped up its Bitcoin reserves once again, adding another $18 million worth of BTC last week to celebrate the fifth anniversary of its landmark decision to adopt Bitcoin as a treasury asset. The move pushes the company’s total holdings to an unprecedented 628,946 BTC — cementing its position as the world’s largest public holder of the cryptocurrency.