Overview
- U.S. spot Bitcoin ETFs drew about $987 million in net inflows last week, extending a three‑week positive streak while the funds remain roughly $1 billion net negative for 2026.
- Bitcoin is trading in a narrow band around $78,000–$82,000 as traders await key inflation reports and the Federal Reserve decision after a stronger jobs report pushed the odds of a Sept. 16 rate hike to about 60%.
- Ethereum sits near $2,500 and faces immediate resistance around $2,560 even as analysts report more than 116,000 ETH withdrawn from exchanges in 48 hours, signaling tighter exchange supply but weaker on‑chain activity.
- XRP is consolidating near $1.40 with weekly ETF inflows cooling to about $19 million, and the Senate’s Sept. 15 procedural vote on the CLARITY Act stands as a material legislative catalyst for token markets.
- Structural market signals — rising futures open interest, muted daily active addresses, and concentrated ETF creations — increase the risk that upcoming PPI, CPI and the FOMC decision could convert ETF‑led accumulation into renewed volatility.