Crypto markets have been quiet, yet money keeps moving into regulated funds. Bitcoin and Ethereum exchange-traded funds posted their second straight week of net inflows. Investors are buying shares while avoiding direct token volatility. This split shows a clear preference for safety inside the crypto space.
The numbers tell the story clearly. US spot Bitcoin ETFs saw a net inflow of 75.7 million dollars last week. Ethereum funds moved even faster, pulling in more than 105.4 million dollars. That shift points to traders chasing yield and utility alongside store-of-value bets. The smart contract platform is getting the bigger share of new cash.
Prices held steady instead of running higher immediately. The market absorbed the buying pressure without breaking key resistance levels. Sellers are still active enough to keep the price range-bound. Demand is returning, but it meets a wall at current levels. The inflows act as a floor rather than a rocket fuel. Buying power meets selling pressure.
Two weeks of consistent buying means selling pressure may be fading. If this trend holds, short sellers could get forced to cover their positions. That move would provide the momentum needed to challenge recent highs. Ethereum might lead the next leg up given its stronger performance. The flow data points to a market finding a base after heavy distribution.
The broader outlook has not changed much since mid-July. As MCO noted on 18 July, Bitcoin continues to develop a higher-timeframe recovery that was expected for this month. The current advance is viewed as a corrective countertrend rally within the larger bearish structure. This move could extend toward the major resistance region between 69,000 dollars and 72,000 dollars. A deeper pullback remains possible if support between 63,000 dollars and 64,000 dollars fails. As MCO added on 19 July, short-term support sits in that lower zone while a reaction to resistance appears underway.
Weekly inflows can flip quickly if macro data turns negative or regulators step in. One week of outflows could reverse the narrative just as fast. Consistency over time matters more than a single data point. The next few sessions will show if this buying pressure can finally clear the overhead supply. Watch for sustained volume to confirm the trend.