Bitcoin ETF Inflows Soar as CLARITY Act Deadline Looms

Bitcoin's spot exchange-traded fund (ETF) inflows reached $244.4M on Wednesday, with a total of $626M over the past three days. This increased demand for spot Bitcoin exposure is a significant development in the market.

The passing of the CLARITY Act could have a profound impact on Bitcoin's outlook, according to Kevin O'Leary. The bill aims to split crypto oversight between the CFTC and SEC, and it must be advanced by the Senate within ~48 hours for cloture. Without this motion being filed, there is still uncertainty around the bill's fate.

The number of large holders (excluding exchanges and miners) holding BTC has reached 3.06M as Bitcoin trades near $64,700 (+1.5% weekly). This is below the 2025 peak of ~3.23M, indicating continued accumulation despite a range-bound price.