Bitcoin Steadies Near $63,000 as ETF Outflows Cloud Market Mood

Bitcoin edged higher on Monday, rising 0.8% to trade above $63,000, as it moved in step with a broader rally in U.S. stocks rather than any crypto-specific news.

Nasdaq 100 futures climbed 0.5% to their best level since early July, and bitcoin appeared to ride that momentum rather than build its own.

ETF Outflows Weigh on Sentiment

Spot bitcoin funds bled a net $390 million last week, their heaviest weekly loss in six weeks, with withdrawals stretching across four sessions including a rare three day run. Ether funds saw only modest movement, while Solana products stood out, pulling in their strongest weekly inflows since mid-May.

Clarity Act Odds Slip

Chances of the Clarity Act passing in 2026 have dropped to around 10%, according to a leading crypto research analyst, with prediction markets slightly more optimistic at 17%. A Senate cloture vote is set for September 15, though a further delay is widely expected.