Bitcoin Stays Firm at $80,000 as $1 Billion Flows into Spot ETFs

Bitcoin has held steady at around $80,000 as it continues to attract significant investment from U.S. spot Bitcoin ETFs.

Last week, these funds recorded nearly $1 billion in net inflows, marking their third consecutive week of growth.

The combined total for the past three weeks now stands at approximately $3.8 billion, with Thursday's single-day inflow reaching a staggering $730.9 million, the largest daily intake this year.

Despite this influx of capital, Bitcoin's price action remains somewhat cautious, with traders watching closely as the cryptocurrency consolidates within a tight range between $79,300 and $80,500.