Bitcoin recovers above $84,000 as crypto ETF inflows slow

  • Bitcoin recovered above $84,000 after reaching nearly $85,000 over the weekend, with separate market snapshots placing it between $84,000 and $84,200.
  • U.S. spot Bitcoin, Ether, Solana and XRP ETFs attracted approximately $64.8 million Monday, down about 80% from Friday's $330.8 million.
  • Bitcoin ETF inflows reached eight consecutive sessions while futures open interest fell to 628,000 BTC, as higher yields and cautious risk sentiment persisted.

Bitcoin recovered above $84,000 in early Tuesday trading after reaching nearly $85,000 over the weekend and retreating, while Ether and other major tokens also advanced. U.S. spot Bitcoin, Ether, Solana and XRP ETFs recorded combined inflows of approximately $64.8 million Monday, down about 80% from Friday's $330.8 million, although reporting snapshots differed on some category totals. Bitcoin ETF inflows extended an eight-session streak, while Ether and Solana funds reached seven sessions and XRP funds five; Zcash ETFs recorded approximately $8.1 million of outflows. Bitcoin futures open interest fell to 628,000 BTC from 763,000 BTC in early August, indicating reduced leverage as elevated Treasury yields, a stronger dollar, weaker equities and geopolitical tensions constrained risk appetite.

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