Bitcoin exchange-traded funds (ETFs) have attracted over $1 billion in new inflows this week, supporting a continued rally in the cryptocurrency that brought prices close to $73,000.
Major inflows lift Bitcoin and sentiment
According to data from Farside Investors, investment in US-listed Bitcoin ETFs rose sharply, with more than $500 million flowing into products managed by BlackRock, Fidelity, and Grayscale on Wednesday alone. These companies are among the largest financial institutions managing spot Bitcoin products following regulatory approval of ETFs in early 2024.
BlackRock’s iShares Bitcoin Trust collected the largest portion of weekly inflows, receiving $588.5 million since Monday. Funds operated by companies like Morgan Stanley’s Bitcoin Trust also recorded substantial trading volumes over the same period.
| ETF Provider | Weekly Inflows |
|---|---|
| BlackRock (iShares Bitcoin Trust) | $588.5 million |
| Grayscale | Not specified |
| Fidelity | Not specified |
| Morgan Stanley | Not specified |
| Total (Top ETFs) | Over $1 billion |
As ETF inflows climbed, Bitcoin’s price surged, briefly reaching $72,659 on Thursday before retreating slightly to $72,606. This marked a 10% increase over the previous 24 hours. Bitcoin remains more than 40% below its record high of $126,080, recorded in October 2025.
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AAPLInvestor sentiment has shifted strongly in a positive direction. The Fear & Greed Index, a popular market sentiment measure, indicated that Bitcoin is now out of the “Fear” zone, moving into more bullish territory.
Policy backdrop and regulatory discussions
President Donald Trump met with cryptocurrency executives and regulatory officials at the White House on Wednesday, including Coinbase CEO Brian Armstrong and Securities and Exchange Commission Chair Paul Atkins. The discussion focused on the Clarity Act, a proposed bill that aims to provide clear legal guidelines for digital assets in the US.
Following the meeting, President Trump described the Clarity Act as a “very, very powerful” piece of legislation and urged Congress to move forward with its adoption.
President Trump called on lawmakers to pass the Clarity Act, citing its importance for clear crypto regulations.
The legislation, which seeks to define digital assets as securities, commodities, or payment stablecoins, passed in the House of Representatives last year. However, progress stalled this year, with a vote now expected in September.
Crypto companies have repeatedly emphasized the need for regulatory clarity to help drive innovation and compliance within the sector.
Mini dictionary: Clarity Act, a proposed US bill aimed at establishing a regulatory framework to clearly define categories for digital assets, such as securities, commodities, or payment stablecoins. The legislation seeks to address long-standing uncertainties for crypto businesses operating in the United States.
Broader financial drivers
Sentiment in crypto markets also improved after the US Treasury Department announced plans to increase government debt repurchases. This move is expected to lower long-term Treasury yields, making non-yielding assets like Bitcoin and gold more attractive to investors.
As yields fell, both Bitcoin and gold rallied. The US dollar weakened in response to the Treasury’s announcement, further supporting risk-on investing in digital assets.
Lower yields have lifted both Bitcoin and gold, with investors turning to non-yielding assets as the dollar loses momentum.
