In brief

The macro read

Lower rate expectations, renewed inflows and three weeks of whale accumulation suggest @Bitcoin’s cycle lows may be behind us.

But a sustained breakout still needs clearer macro support.@jbutterfill explains why in this week’s Market Update. See first comment. pic.twitter.com/yh8tBYO0Pa

— CoinShares (@CoinSharesCo) August 7, 2026

The Coldcard theory

The bitcoin ETFs just clocked their best week in flows (about $1b) since April and the 3rd best week since the good ole days were ruined by the Silent IPO last Oct. IBIT, FBTC and few others saw inflows every single day since Coldcard hack, making it hard not to see causation in… pic.twitter.com/5GnmkvD5g4

— Eric Balchunas (@EricBalchunas) August 8, 2026