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Bitcoin ETF inflows hit $731M, highest since January as BTC reclaims $80K

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 44 Views

Bitcoin ETF inflows hit $731M, highest since January as BTC reclaims $80K

US Bitcoin ETFs drew $730.9 million on Thursday as Bitcoin reclaimed $80,000, though CryptoQuant flagged weak fresh demand and a key $83,000 test.

US-listed spot Bitcoin exchange-traded funds (ETFs) notched their biggest inflows in nearly eight months as BTC reclaimed $80,000.

Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily haul since Jan. 14, when the funds attracted $843.6 million, according to SoSoValue data.

The surge followed $101.2 million inflows on Wednesday and came as Bitcoin reclaimed the $80,000 level after trading in a range between roughly $76,000 and $81,000 this week, according to CoinGecko.

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