# ETFInflow

Hope for a rulebook lit a bid under risk. Bitcoin rose to a five-week high above $66,400 as mood improved that a key US market structure bill, often called Clarity Act, could move forward. Traders read that as less overhang for builders and funds that have sat on sidelines since June.
The tape told a clear flow story. Spot ETFs posted a fifth straight day of inflows on July 20, about $227M, led by BTC funds. Total haul over five days reached $727M, the best run since late April. Ether funds added $38M that day, again led by a large issuer. That flow flipped short-term skew, with ETH one-week c