Bitcoin price is holding above the $64,000 level after U.S. spot Bitcoin ETFs recorded another strong day of inflows, extending their winning streak despite cautious sentiment across the broader crypto market.

At the time of writing, Bitcoin (BTC) is priced at $64,223. Investors are weighing what the latest ETF inflows mean for Bitcoin and whether they can provide enough buying momentum to push the asset toward higher price levels.

The latest figures suggest that institutional investors continue to accumulate Bitcoin rather than wait for a breakout. Since the SEC approved the first wave of U.S. spot Bitcoin ETFs in January 2024, these products have quickly become a primary conduit for institutional exposure to Bitcoin, making daily flow data a closely tracked barometer of demand from traditional finance.

Also Read: Bitcoin Price Consolidates Near $64.8K as Key Technical Levels Shape Next Move

Why Are ETF Inflows Supporting Bitcoin Price?

According to the latest data from SoSoValue, U.S. spot Bitcoin ETFs recorded net inflows of $128.69 million on August 6, bringing total inflows to $52.08 billion to date.

Total net assets rose to $78.77 billion, indicating that investors are continuing to increase exposure to the asset even though Bitcoin remains below its most recent high.

The latest session marked the fourth consecutive trading day of net inflows, offering further evidence that institutional investors remain committed to Bitcoin.

Wu Blockchain highlighted the ETF update in an X post, stating that Bitcoin spot ETFs recorded “$129 million in net inflows” and “four straight days of inflows.” Ethereum spot ETFs also attracted $92.15 million in net inflows, marking three consecutive days of positive flows. Ethereum spot ETFs, which began trading in late July 2024, have given investors a similar regulated vehicle for ETH exposure, and their parallel inflow streak underscores that institutional appetite extends across more than one digital asset.

Bitcoin Spot ETFs Record $129 Million in Net Inflows on August 6, Marking Four Straight Days of Inflows On August 6 (ET), Bitcoin spot ETFs recorded total net inflows of $129 million, marking four consecutive days of net inflows. Ethereum spot ETFs recorded total net inflows of… pic.twitter.com/GS4MZVjka2 — Wu Blockchain (@WuBlockchain) August 7, 2026

ETF inflow data is now widely viewed as one of the clearest indicators of institutional sentiment. Four straight days of inflows suggest that large investors continue to buy Bitcoin despite the absence of a major price breakout.

Also Read: Bitcoin Price Holds Above $64K as S&P 500 Divergence Draws Market Focus

What Does the Bitcoin Price Chart Show?

According to the TradingView daily chart, Bitcoin is trading at $64,223, remaining comfortably above key support at $60,817 while still below the major resistance area at $73,331, a level situated near Bitcoin's March 2024 all-time high region and a threshold bulls have struggled to reclaim in recent weeks.

The MACD is still in bearish territory, but the histogram has begun to flatten, suggesting that bearish momentum is gradually easing.

Trading volume has also returned to normal after the sharp decline seen in June, indicating that selling pressure has eased while buyers continue to defend the key support level.

Why Are Bitcoin Derivatives Staying Strong?

According to CoinGlass, Bitcoin’s derivatives market remains active despite the recent consolidation.

In recent days, average daily trading volume has ranged between $40 billion and $70 billion, while open interest has remained stable at around $48 billion to $50 billion. That pattern suggests traders are holding existing positions rather than rushing to exit the market.

Liquidation data also shows no broad wave of forced selling, indicating that leverage remains relatively balanced.

Combined with the latest ETF inflows, these derivatives metrics suggest that traders are waiting for the market’s next catalyst — such as upcoming macroeconomic data releases or further Federal Reserve policy signals — rather than positioning for a sharp decline.

Also Read: Bitcoin Price Remains at $63K as Open Interest Stays High Despite Market Weakness

Can Bitcoin Price Break Above $73,331?

Bitcoin’s technical backdrop continues to improve, but buying pressure has not yet become strong enough for bulls to take full control of the trend. Steady spot ETF inflows continue to provide institutional support, while stable derivatives positioning reflects consistent trader confidence.

If bulls reclaim the $73,331 level, it could strengthen the case for additional upside. Conversely, if Bitcoin falls below $60,817, it may face another round of selling pressure.

At this stage, steady ETF inflows, resilient derivatives activity, and improving technical signals suggest that Bitcoin remains in a consolidation phase. The next major move will likely depend on whether buyers can build enough momentum to push the price above key resistance.

Also Read: Bitcoin Price Outlook Stays Cautious With $60,000 Support in Focus