
Bitcoin held above $64,000 as U.S. spot Bitcoin ETF inflows and improving sentiment around the proposed CLARITY Act helped offset U.S.-Iran tensions and lift broader digital asset fund demand.
US-listed spot Bitcoin ETFs posted a fourth straight day of net inflows on July 17, helping return July to positive territory after heavy prior withdrawals, while broader digital asset investment products drew about $1.03 billion in weekly inflows, according to CoinShares. Bitcoin also held above $64,000, rising about 1% despite U.S.-Iran geopolitical tensions, with support attributed to continued ETF demand and optimism around the proposed CLARITY Act, a U.S. crypto market structure bill seen by investors as a potential step toward clearer regulation. BlackRock’s IBIT and Fidelity’s FBTC were highlighted among the leading contributors to the recovery in regulated crypto exposure.