Three U.S. Reports Test Bitcoin ETF’s Seven-Day Inflow Streak
July PCE, the second estimate of Q2 GDP and July durable‑goods arrive at 8:30 a.m. ET as a seven-session U.S. spot Bitcoin ETF inflow streak totals $2.5697 billion through Aug. 25.
At 8:30 a.m. ET the U.S. Bureau of Economic Analysis will publish July Personal Income and Outlays, including the PCE inflation indexes, and the agency will release its second estimate of second‑quarter GDP. The U.S. Census Bureau will publish July advance durable‑goods orders at the same time. Those three reports coincide with a seven‑session U.S. spot Bitcoin ETF inflow streak totaling $2.5697 billion through Aug. 25.
Farside Investors’ daily table shows seven consecutive positive U.S. spot Bitcoin ETF sessions from Aug. 17 through Aug. 25. BlackRock’s iShares Bitcoin Trust accounted for $284.4 million, or about 90.5%, of the $314.3 million net inflow recorded on Aug. 25. Fund‑flow records aggregate net cash into funds but do not identify who the end investors are.
The Cleveland Fed’s Aug. 25 nowcast estimated July headline PCE at 0.15% month‑over‑month and 3.65% year‑over‑year and put core PCE at 0.25% month‑over‑month and 3.29% year‑over‑year. Those figures are model estimates and not official releases.
On Aug. 25 the 10‑year Treasury yield traded near 4.64%–4.65% and the U.S. Dollar Index sat around 99.00. Bitcoin traded near $78,500 to $79,000, down roughly 2% over 24 hours and up about 22% over the prior seven days.
PCE is the Federal Reserve’s preferred inflation gauge because it covers a broad set of household spending and updates weights over time. Core PCE excludes food and energy prices. The second estimate of Q2 GDP can revise growth figures first reported in the advance release. Advance durable‑goods orders provide an early indicator of business investment and manufacturing demand.
Market participants will watch the data for signs of inflation and growth that could move Treasury yields and the dollar and, in turn, influence ETF flows and Bitcoin prices. Traders and analysts will follow price moves and updated daily fund‑flow records after the releases to see whether inflows remain concentrated in a small number of funds or are more broadly distributed.
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