Bitcoin ETFs: $1B Inflows Hit Biggest Since October
Bitcoin ETFs posted $1B inflows led by IBIT at $381M, ARKB and FBTC over $200M each, biggest daily haul since last October as BTC trades at $85978.
SourceAnalysis
Bitcoin ETFs recorded over $1B in net inflows, the largest single-day total since October as IBIT captured $381M while ARKB and FBTC each exceeded $200M with all six major products contributing.
Flows appear tied to Friday trading and set up further accumulation tonight amid sustained institutional demand for BTC exposure.
Price action shows BTC at $85978.33 inside Bollinger Bands with upper resistance at $87899.99 while RSI at 75.24 signals overbought conditions and MACD golden cross at 1891.67 confirms trend strength above EMA50 support of $80972.64 and EMA200 at $76334.41; a measured pullback toward the 50-EMA looks probable before continuation as overbought momentum meets resistance.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.