Bitcoin (BTC) Forecast: Will BTC Break $123Ok? ETF Flows and Fed Coverage in Focus…

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  • iShares Bitcoin Belief (IBIT) reported weekly internet outflows of $615 million, the primary since April 2025.
  • Constancy Sensible Origin Bitcoin Fund (FBTC) had internet outflows of $235.three million.
  • ARK 21Shares Bitcoin ETF (ARKB) noticed internet outflows of $182.three million.

In whole, seven spot ETF issuers reported internet outflows within the week, resulting in whole weekly internet outflows of $1.179 billion. Crucially, a six-day outflow streak left the BTC-spot ETF market with a $1.19 billion deficit for August, weighing on BTC demand.

ETH Falls Wanting $5,000 as ETF Outflows Chunk

Whereas the US BTC-spot ETF market weighed on BTC, weekly ETH-spot ETF outflows left Ethereum (ETH) under $5,000. ETH dropped 1.08% on Saturday, August 23, partially reversing the day gone by’s 14.31% surge to shut at $four,779. Notably, ETH struck a brand new all-time excessive of $four,890 on August 22 earlier than easing again.

Whereas the US ETH-spot ETF market reported internet inflows on August 22, weekly internet outflows of $241.1 million weighed on ETH. Regardless of weekly outflows, the ETH-spot ETF market continued outmuscling the BTC-spot ETF market in August. President of Nova Dius Wealth, Nate Geraci, remarked:

“Spot ETH ETFs w/ $340mil inflows yesterday… Thus far in August: Spot eth ETFs = $2.8bil inflows. Spot btc ETFs = $1.2bil outflows. Since starting of July: Spot eth ETFs = $eight.2bil inflows. Spot btc ETFs = $four.2bil inflows. Notable current shift.”

See our in-depth ETH vs BTC ETF circulation breakdown right here.

Key Drivers for BTC Worth Outlook

A number of macro and market components will drive BTC’s near-term outlook:

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