Bitcoin ETF inflows hit $731M, highest since January as BTC reclaims $80K
US-listed spot Bitcoin ETFs saw $730.9 million in net inflows on Thursday, the largest daily inflow since Jan. 14, as Bitcoin moved back above $80,000 after trading mostly between $76,000 and $81,000. BlackRock’s IBIT led with $454 million, followed by ARKB with $137.7 million and Fidelity’s FBTC with $74.4 million. Only VanEck’s HODL and WisdomTree’s BTCW had outflows. Despite the strong ETF demand, CryptoQuant said the rally still looks fragile because it is being driven more by short covering than by fresh spot buying. The firm also pointed to heavy profit-taking and said Bitcoin must clear roughly $82,300 to $83,000, near its 365-day moving average, to confirm a new bull market. A failure there could send price back toward the 200-day moving average near $69,000.
