BTC ETF Demand Boosts Bitcoin Price as Inflows Reach $1B

Bitcoin ETFs have seen their strongest week since April, with net inflows totaling over $1 billion. This marks the third-highest amount of inflows since October 2025's Silent IPO. The IBIT and FBTC Bitcoin ETFs saw daily positive flows every session after a recent hack targeting Coldcard users.

The current price action on the four-hour chart shows BTC trading at around $65,018.7 within its Bollinger Bands, with an upper resistance point of $65,285.14. The 50- and 200-day exponential moving averages (EMAs) are anchored at $64,310.89 and $63,696.11 respectively, suggesting a bullish structure.

Technical indicators such as the MACD golden cross and a neutral RSI reading of 61.95 suggest that BTC may pull back to support levels around the 50-EMA before continuing its upward trajectory. This interpretation is based on ongoing demand for Bitcoin ETFs rather than any indication of an imminent market crash.