---
title: "Weekly Recap | BTC.US +0.65%, spot ETF inflows hit a 10-month high last week"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297387394.md"
description: "BTC.US rose 0.65% to close at $34.30, edging the S&P 500 by about 0.16 percentage points. The week was choppy. It opened Monday at $34.93, firmed slightly on Tuesday, pushed to a high of $35.76 on Thursday, then pulled back on Friday to settle at $34.30. Volume picked up noticeably, with daily average turnover of 2.21m shares running about 32.6% above the median."
datetime: "2026-08-29T05:23:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297387394.md)
  - [en](https://longbridge.com/en/news/297387394.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297387394.md)
generator: "portal-rs"
---

# Weekly Recap | BTC.US +0.65%, spot ETF inflows hit a 10-month high last week

## The Week

BTC.US rose 0.65% to close at $34.30, edging the S&P 500 by about 0.16 percentage points. The week was choppy. It opened Monday at $34.93, firmed slightly on Tuesday, pushed to a high of $35.76 on Thursday, then pulled back on Friday to settle at $34.30. Volume picked up noticeably, with daily average turnover of 2.21m shares running about 32.6% above the median.

## Key Events

The main backdrop came early: spot bitcoin ETFs logged their largest weekly inflows in ten months last week. The news flow leaned positive through the week. One campaign ad declared bitcoin’s ‘fringe phase’ over. Analysts floated the idea that bitcoin could double by next year and reach $500,000 by the end of the decade. Another read on the 11-month cycle suggested accumulation season has begun. But views were split—Bitget’s CEO was more cautious, saying he plans to keep buying BTC near $50,000.

## The Week Ahead

Macro data dominates the coming days: Dallas Fed manufacturing activity on Monday, S&P Global and ISM manufacturing PMIs on Tuesday, then ADP employment and factory orders on Wednesday. Crypto assets are sensitive to rate expectations, so any shift in the dollar or Fed hike bets could feed through. The accumulation narrative from this week will also be tested by how price action unfolds.

## In Short

BTC.US delivered a modest gain on sharply higher volume as debate around crypto heated up. On one side sit the biggest ETF inflows in ten months and long-dated price targets; on the other, cautious voices from industry insiders and Friday’s pullback. The tension is between upbeat flow signals and near-term price wobbles. The key watch now is how risk appetite responds to the macro calendar and whether crypto inflows keep up.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**