Bitcoin declined from $63,483 to $62,957, a drop of $526 or roughly 0.83 percent on the day.A quiet session. Price consolidated near the low end of its 30-day range without a new structural catalyst; ETF outflows were within normal bounds and no institutional move cleared the significance bar. Today is mostly noise.
Spot Bitcoin ETFs recorded back-to-back outflows for the first time since late July, though the daily flow remains within the normal range at negative 0.93 standard deviations from the 30-day average of $33 million per day.
Morgan Stanley's IBIT holdings rose 23 percent to 16.5 million shares in Q2, and JPMorgan reported a 25 percent increase in its Bitcoin ETF position, both disclosed in quarterly filings.
Cboe filed with the SEC for the first US-listed 3x leveraged Bitcoin ETFs, a process step reflecting a more permissive regulatory posture but not yet an approval.
Bitcoin hashrate held at 889.7 EH/s and fees remain near zero at 1 to 2 sat/vB, reflecting a secure but low-demand network with 87,498 blocks remaining until the next halving.
Market Snapshot
Market Cap
$1.26T
24h Volume
$19.84B
Dominance
56.1%
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