Bitcoin Spot ETFs Draw in $1.92 Billion, Highest Weekly Inflow Since October 2025
Bitcoin spot exchange-traded funds (ETFs) have attracted significant inflows this week, reaching $1.92 billion, marking the largest weekly influx since October 2025 when Bitcoin touched its previous highs. This surge in investment into BTC ETFs has resulted in substantial activity in the market, with combined Bitcoin and Ethereum ETF turnover exceeding $7.5 billion over the past day.
The current price of Bitcoin stands at $71,141.64, which remains within a bullish four-hour structure. Both the EMA50 and EMA200 are below this level, indicating that the price is above these moving averages. However, the Relative Strength Index (RSI) has reached 80.71, signaling overbought conditions.
This situation raises concerns about a potential measured pullback toward the 50-EMA support before any further upward movement. This would indicate a temporary correction in the market as the price tests the upper Bollinger Band at $81,835.99.