ETF Inflows Fail to Boost Bitcoin and Ethereum Prices

U.S.-based spot Bitcoin and Ethereum ETFs have attracted over $1.1 billion in net inflows during the first week of August, indicating renewed institutional interest.

Despite this influx of capital, the prices of both cryptocurrencies remain stagnant, with Bitcoin below $65,000 and Ethereum struggling near $1,900.

The ETF buying is balanced by selling elsewhere, suggesting that institutions are quietly accumulating rather than driving a price breakout.

Key resistance levels ahead will test if demand can sustain a rally, and the market awaits whether continued ETF inflows can overcome selling pressure to push prices higher.