Bitcoin ETFs Flooded with Over $120M in Daily Net Inflow

Bitcoin and Ethereum ETFs have seen significant net inflows in recent days. According to @lookonchain data, Bitcoin ETFs recorded a daily net inflow of +1,383 BTC (+$120.25M) and a weekly net inflow of +2,467 BTC (+$214.4M). In contrast, Ethereum ETFs saw a daily outflow of -23,436 ETH (-$64.69M) and a weekly outflow of -8,133 ETH (-$22.45M).

The price of Bitcoin currently sits at $86,095.09 within a bullish structure, supported by its EMA50 ($84,019.33) and EMA200 ($80,313.91). The MACD golden cross reinforces upward momentum, even as the price tests upper Bollinger resistance at $86,319.91.

This suggests that any near-term pullback would likely find bids at the 50-EMA before continuation higher.