Bitcoin Stalls Below $65K Amid ETF Inflows and Delayed Regulatory Catalyst

Bitcoin has stalled below $65K despite seeing inflows into U.S. spot ETFs, which have now reached a four-day total of $763.6 million.

The price of Bitcoin remains at around $64,206 on Aug. 7, having slipped 0.5% over the past 24 hours and 0.6% over seven days.

U.S. spot Bitcoin ETFs have attracted a total of $137.6 million on Thursday alone, with BlackRock's IBIT leading the flows with $128.3 million.

The Senate has delayed its vote on the CLARITY Act until September, removing an expected August regulatory catalyst for the asset.

Bitcoin derivatives open interest is rebuilding, but remains below levels seen near October's price peak.