Bitcoin ETF flows turn positive as the U.S. advances CLARITY Act revisions and Strategy posts a major loss; today’s BTC trades near $63K. Bitcoin traded near $63K today and briefly fell below $64K during the session. It was down about 0.14% over the past 24 hours, which showed that the market still lacked a clear direction after its short-term rebound. Ether remained near $1,900. Its price action was relatively stable, but overall buying momentum remained limited. U.S. spot Bitcoin ETFs recorded USD 233 million in net inflows yesterday. BlackRock’s IBIT led the market with USD 183 million in daily net inflows and became the main source of new capital. Spot Ether ETFs recorded USD 13.2871 million in net inflows during the same period. This showed that institutional investors continued to gain exposure to major crypto assets through regulated products. However, the Crypto Fear and Greed Index currently stands at 25. Market sentiment remains in the Extreme Fear zone and has weakened from 28 yesterday. This also reflects continued caution toward the near-term market outlook. In the derivatives market, cumulative long liquidation exposure across major centralized exchanges could reach USD 1.325 billion if Bitcoin falls below $61,524. Conversely, cumulative short liquidation exposure could reach USD 1.071 billion if the price rises above $67,712. This indicates that leveraged positions remain concentrated on both sides of the market. On-chain data also showed that the supply of Bitcoin held for more than one year increased by a monthly average of approximately 217,000 BTC. This suggests that some long-term holders are continuing to accumulate. At the same time, the increase in long-term holdings also reflects that immediate market demand has not fully recovered. The current capital structure is mainly shaped by ETF inflows, long-term holding activity, and short-term leveraged positions. Overall, BTC and ETH remain in a consolidation phase where capital inflows coexist with risk-off sentiment. Price volatility is still concentrated around key liquidation levels and institutional fund flows.

Source: Alternative

Key News Highlights:

Spot Bitcoin ETFs Record USD 233 Million in Net Inflows as Weekly Flows Turn Positive

U.S. spot Bitcoin ETFs recorded approximately USD 233 million in daily net inflows on Thursday. This marked their strongest inflow performance in more than three weeks. BlackRock’s IBIT led the market with around USD 183 million in net inflows. It accounted for approximately 78.7% of the day’s total and served as the main driver behind the positive result. Bitwise’s BITB recorded about USD 20.7388 million in net inflows on the same day. Fidelity’s FBTC attracted approximately USD 15.5 million, while several other funds posted smaller inflows. Following the latest increase, U.S. spot Bitcoin ETFs returned to approximately USD 204 million in net inflows for the week. If Friday does not bring net outflows above that amount, the funds could complete a fourth consecutive week of positive flows. Monthly, July inflows reached approximately USD 438 million. This temporarily reversed two consecutive months of multibillion-dollar net outflows. The total net asset value of spot Bitcoin ETFs currently stands at approximately USD 78.759 billion. This represents around 6.06% of Bitcoin’s total market capitalization. Cumulative net inflows since launch have reached approximately USD 51.59 billion, which shows that ETFs have become an important channel for Bitcoin exposure in the U.S. market. U.S. spot Ether ETFs also recorded approximately USD 13.2871 million in net inflows during the same trading session. BlackRock’s ETHA led with about USD 16.2417 million. Spot Ether ETFs recorded outflows on only five trading days in July. This marked an improvement from June, when the funds posted net inflows on only four trading days.

U.S. Senators Submit Revised CLARITY Act Ethics Rules to the White House

U.S. senators from both parties have submitted revised ethics guidelines for the Digital Asset Market Clarity Act, also known as the CLARITY Act, to the White House. The proposal is intended to accelerate progress on the crypto market structure bill before Congress begins its August recess. Senators Thom Tillis and Ruben Gallego presented the latest counterproposal. It would allow state regulators to enforce restrictions that prohibit federal officials from issuing or sponsoring tokens. Enforcement authority would therefore not rest solely with the U.S. Attorney General. The proposed change is designed to address earlier concerns about concentrated authority and potential conflicts of interest. The bill requires 60 votes to pass the Senate. As a result, Democratic demands for stronger ethics rules, consumer protection, and market integrity have become central to the negotiations. The revised proposal is viewed as an important step toward gaining bipartisan support. If lawmakers reach an agreement, the legislation could provide clearer regulatory boundaries and greater certainty for the U.S. digital asset market.

Strategy Reports USD 8.22 Billion Q2 Net Loss on Unrealized Bitcoin Losses

Bitcoin treasury company Strategy reported a net loss of USD 8.22 billion for the second quarter. The company said the result was mainly driven by USD 8.32 billion in unrealized losses on its Bitcoin holdings. Bitcoin declined significantly during the quarter. Its price fell from approximately $68,000 at the beginning of April to around $58,600 at the end of June. This represented a quarterly decline of about 14%. As of Sunday, Strategy held 843,775 BTC. Its total Bitcoin holdings had increased by approximately 25% since the beginning of the year. The company also disclosed that it sold approximately USD 218 million worth of Bitcoin through its newly established BTC monetization program. The proceeds were used to help fund part of its preferred stock dividend obligations. Around USD 216 million of those Bitcoin sales took place in early July, so they were not included in the second-quarter results. Strategy also built a cash reserve of approximately USD 3.75 billion to support future preferred stock dividends and interest payments. The company said the reserve was sufficient to cover more than two years of related obligations. It could also reduce the need to sell Bitcoin for short-term funding. In addition, Strategy recently repurchased approximately USD 25 million of STRC preferred shares below par value. The company plans to continue repurchasing the shares while they trade below $100. Strategy’s stock rose around 4.7% during regular trading on the day of the earnings release. It then slipped slightly in after-hours trading. The company continues to use Bitcoin as its primary treasury asset while managing its financing and dividend obligations through cash reserves, preferred stock, and its BTC monetization program.

Chainalysis Reports USD 20 Billion in World Cup Blockchain Prediction Market Volume

A new report from blockchain analytics firm Chainalysis found that blockchain-based prediction markets generated USD 20 billion in total trading volume during the 2026 FIFA World Cup. Digital collectible trading reached USD 24 million, while more than 400,000 unique wallets took part in on-chain prediction markets. Users placed approximately USD 5.7 billion in wagers during the five-week tournament alone. World Cup-related markets accounted for 63% of total global prediction market activity during that period. Participation came from every continent except Antarctica. The United States and China generated the highest attributable trading volumes, followed by Canada, Thailand, and the United Kingdom. Despite the scale of activity, fewer than 1% of participating wallets were linked to illicit activity. The FIFA Collect platform also uses strict identity verification measures. This helped keep exposure to sanctioned entities and compliance-related risks at very low levels. The findings show that blockchain technology is gaining broader use across major sporting events. They also suggest that prediction markets and digital collectibles are gradually moving toward wider adoption under more structured compliance frameworks.

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