Bitcoin Holds $80K as $1B Flows into Spot ETFs

Bitcoin has maintained its position above $80,000 after a recent surge to nearly $82,000. The global cryptocurrency has been supported by strong demand from U.S. spot Bitcoin ETFs, which have attracted nearly $1 billion in inflows over the past three weeks.

The latest data shows that U.S. spot Bitcoin ETFs recorded net inflows of approximately $986.9 million for the week ending September 5, bringing their combined three-week inflow total to around $3.8 billion. Thursday alone saw about $730.9 million enter the funds, marking the strongest single-day inflow in 2026.

The 4-hour chart shows that Bitcoin has cooled after its recent jump, with $BTC currently trading in a tight consolidation range between $79,300 and $80,500. The price action suggests that buyers are still holding onto their gains, but the market has yet to build enough momentum for another move higher.

Experts note that the recent price structure leaves $82,000 as the key upside level, with a sustained move above it strengthening the breakout setup. On the downside, the $79,000 area is the first level to watch, followed by the recent low near $78,500.