Bitcoin Rises on Equity Bounce Amid $390M ETF Outflows

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Bitcoin rose above $63,000 on Monday, rebounding slightly from last week’s losses amid a 0.8% gain since midnight UTC. The move followed a 0.5% rise in Nasdaq 100 futures. ETF outflows hit $390 million for the week, the largest in six weeks for U.S. spot bitcoin products. Ether ETF flows remained limited, while Solana (SOL) ETF inflows reached their highest since mid-May. Galaxy Research’s Alex Thorn now puts the Clarity Act’s 2026 passage at 10%, with a cloture vote set for Sept. 15.

Bitcoin BTC$63,501.46 steadied above $63,000 on Monday, clawing back a fraction of last week's losses with a 0.8% gain since midnight UTC.

Without an obvious catalyst, the largest cryptocurrency appears to be tracking U.S. equities. Nasdaq 100 index futures are up 0.5% to their highest point since July 2.

Any positive reading will need to take into account last week’s net $390 million outflow from spot exchange-traded funds, including the first three-day stretch since the end of July. That was the largest weekly withdrawal from U.S. spot bitcoin products in six weeks.

Ether ETH$1,900.99 ETFs flows were limited, and solana (SOL) ETFs bucked the trend with their strongest weekly inflows since mid-May.

The bigger picture is the Clarity Act. Galaxy Research’s head of research, Alex Thorn, cut his odds of the landmark crypto bill becoming law in 2026 to roughly 10% on Aug. 14, joining prediction markets that now put the probability at around 17%. A cloture vote is scheduled for Sept. 15 when the Senate returns from recess, although market observers are expecting another delay.

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