Bitcoin ETF inflows reach $731M, highest since January as BTC reclaims $80K
Source Summary
US Bitcoin ETFs received $730.9 million in inflows on Thursday as Bitcoin price recovered to $80,000. CryptoQuant noted weak fresh demand despite the inflow surge and identified $83,000 as a key resistance level to test.
Why it matters
The $731M inflow marks the largest single-day Bitcoin ETF inflow since January, indicating renewed institutional interest in Bitcoin at current price levels.
What remains uncertain
CryptoQuant flagged weak fresh demand despite the inflow surge, and the sustainability of the price recovery above $80,000 remains uncertain pending a test of the $83,000 resistance level.
