US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery.
The scenario of a bitcoin freed from its cycles thanks to the arrival of institutional investors is wavering. While the market was settling into almost unanimous confidence, NYDIG cools the ardor with an analysis that recalls an old rule: every phase of euphoria eventually calls for a correction.
Bitcoin (BTC) experienced a downturn to approximately $63,000 on Friday as mounting geopolitical concerns and political instability created headwinds for risk-sensitive assets across the crypto sector.
U.S. Bitcoin ETFs recorded $79.15M in inflows on July 16, led by BlackRock's IBIT, while Ethereum ETFs posted $28.04M in outflows.
Bitcoin and Ethereum options worth $1.43B expired as BTC held near $63,000 and ETH put demand rose, according to Greeks.live data.
BlackRock's IBIT led U.S. spot Bitcoin ETFs to $79.15M in net inflows on July 16, snapping an eight-week outflow streak exceeding $8 billion. BlackRock's IBIT leads Bitcoin ETFs with $79M inflows on July 16.
The Bitcoin Regime Score metric showed short-term bullish market components for Bitcoin.
Geopolitical tensions and renewed fears of U.S.-China frictions are weighing on risk assets, including bitcoin.
U.S.-listed bitcoin exchange-traded funds (ETFs) now hold an estimated 1.25 million bitcoin worth well over $100 billion, and few of the shareholders who own those funds have read the prospectus language that spells out what happens to that money if the fund's sponsor or custodian collapses.
Iris Energy ($IREN), which is in the midst of pivoting from Bitcoin mining to AI-focused data centers, has seen volatility spike as investors weigh near-term execution risks against a potentially larger long-term addressable market. Over the past month, IREN shares have sold off sharply, with the stock recently around $34.83—down roughly 38% to 41% from the prior month's levels.
Bitcoin futures traders are propping up the current market move, while liquidation heatmap data provides hints on where BTC price may go next.
Project Eleven announced the development of a cryptographic technique based on a wallet's key derivation path. The initiative featured collaboration from Jim Posen, lead maintainer of the Binius open-source zero-knowledge proof system. A Coinbase advisory council report estimated in June 2026 that approximately 7 million bitcoins could be vulnerable to quantum attacks.