US-listed spot Bitcoin exchange-traded funds posted $730.9 million in net inflows on Thursday, the strongest daily intake since Jan. 14, as Bitcoin climbed back above $80,000. The move followed $101.2 million in inflows a day earlier and came after BTC traded in a roughly $76,000 to $81,000 band this week, according to CoinGecko. BlackRock’s iShares Bitcoin Trust led the pack with $454 million, or about 62% of the day’s total, while ARK 21Shares Bitcoin ETF and Fidelity’s Wise Origin Bitcoin Fund also saw sizable inflows. VanEck’s HODL and WisdomTree’s BTCW were the only funds to post outflows. Even with the sharp pickup in ETF demand, onchain analytics firm CryptoQuant said the latest rally still lacks strong fresh spot buying. In a report shared with Cointelegraph, the firm said the move has been driven largely by short covering rather than new long positioning. It also pointed to elevated profit-taking, noting that Bitcoin holders realized 23,000 BTC in net profits on Aug. 21, the highest daily figure this year, and roughly 110,000 BTC since Aug. 19. CryptoQuant placed Bitcoin’s next major technical test near its 365-day moving average at about $82,300 and said a decisive close above $83,000 would confirm a new bull market, while rejection there could send BTC back toward its 200-day moving average near $69,000.

A Bitcoin whale who opened leveraged long positions in July has amassed $25.68 million in unrealized profit over 60 days, with a 1174% return on a 1000 BTC long and an 838% return on a 10,000 ETH long, according to TradingBeats.

The SEC has approved Cboe's rule change to list options on the WisdomTree Bitcoin Fund (BTCW), opening a new regulated derivatives avenue for spot Bitcoin ETFs. While options enable hedging and risk management, actual trading awaits exchange and clearinghouse readiness.

Hashdex has announced the closure and liquidation of its Hashdex Bitcoin ETF, ticker DEFI, making it the first U.S. spot Bitcoin ETF to formally wind down. As of July 30, the fund had about $14.7 million in assets under management and held roughly 225.58 BTC. The final trading day is set for Aug. 17, after which the product will be delisted from NYSE Arca, and cash liquidation distributions to remaining shareholders are expected around Aug. 28. The fund began trading in September 2022 as a Bitcoin futures ETF before converting to a spot strategy in March 2024 after the U.S. Securities and Exchange Commission approved 11 spot Bitcoin ETF applications in January that year. Despite posting cumulative performance of about 166% since inception, DEFI never scaled meaningfully, with assets peaking at roughly $17.54 million. The article also examines the sharply concentrated structure of the U.S. spot Bitcoin ETF market, where the five largest funds account for almost all assets, and explains why management fee income at DEFI’s size was far below the level needed to cover custody, compliance, audit, market-making, listing and administrative costs.

US spot Bitcoin exchange-traded funds recorded a combined $225.1 million in net outflows in the previous trading session, according to data tracked by Farside and cited by BlockBeats on July 24. The move snapped a seven-session run of net inflows across the group. BlackRock's IBIT accounted for the largest share of the withdrawals, posting $202.5 million in net outflows. Other products that saw money leave included FBTC with $5.6 million, BITB with $7 million, ARKB with $4.3 million, EZBC with $5.6 million, and BTCW with $5.1 million in net outflows. MSBT was the exception on the day, recording a net inflow of $5 million. The figures reflect one-day fund flow data for the US spot Bitcoin ETF market and mark a reversal after a week of steady net inflows.

U.S. spot Bitcoin ETFs posted $85.85 million in net inflows on June 12, with total net assets rising to $79.65 billion. BlackRock’s IBIT led the day with $57.69 million, followed by Fidelity’s FBTC at $18 million.

Ethereum spot ETFs recorded $10.26 million net inflow on Feb 13, breaking a two-day outflow streak. ETH price jumped 5.8% to reclaim $2,000. But weekly outflows remain at $161 million, and BlackRock's IBIT saw $9.36M outflow.

Morgan Stanley's spot Bitcoin ETF (MSBT) saw $193.6M in net inflows during its first month, reaching $239.6M in assets—with zero daily redemptions since launch.