Best week for institutional Bitcoin products since October 2025 peak
Bitcoin traded near $80,000 on Monday, marking a 25% gain over the past week as U.S. Bitcoin ETFs received $1.9 billion in new inflows, their strongest weekly intake since October 2025, when the asset hit an all-time high of $126,080.
The rally accelerated following a Treasury Department announcement last week that it would at least double the size of its long-dated bond buybacks. Since that announcement, Treasury yields have declined while Bitcoin and gold have both risen. The U.S. dollar, meanwhile, traded at a three-month low and was on track for its worst week of August.
Bitcoin reached $79,954 during Monday morning trading in New York and climbed 2% over a 24-hour period. The asset had languished below $65,000 throughout June and July before this week’s sharp reversal.
Major Bitcoin ETF managers including BlackRock, Fidelity, Grayscale, and Morgan Stanley all participated in the inflow surge. Eric Balchunas, an ETF analyst at Bloomberg Intelligence, attributed the move to Bitcoin’s structural characteristics. “This is one of the benefits of a commodity in a constant state of supply shock,” Balchunas said on X, noting that Bitcoin climbed from $64,000 at the start of the week to $77,000 during the rally.
Bitcoin’s decline from its October 2025 peak had been driven by a $19 billion liquidation event in the crypto market and Federal Reserve signals against near-term interest rate cuts. During that downturn, investors had shifted capital toward artificial intelligence-related stocks.
The current momentum comes as President Donald Trump met with crypto executives and urged lawmakers to pass the Clarity Act, which would establish a framework distinguishing digital assets as securities, commodities, or payment stablecoins. Lawmakers are scheduled to vote on the measure in September 2026.
