Bitcoin ETFs in the U.S. have seen consistent investment for the past five days, totaling almost $1.7 billion. This surge in demand from institutions coincides with Bitcoin’s price rising above $80,000.
Summary
- Bitcoin ETFs have attracted nearly $1.7 billion during a five-day inflow streak led by strong demand for BlackRock’s IBIT.
- Bitcoin price climbed back above $81,000 as easing tensions between the U.S. and Iran improved investor appetite for risk assets.
Spot bitcoin ETFs saw a net inflow of $46.3 million on Wednesday, largely thanks to $134.6 million entering BlackRock’s IBIT fund. This countered outflows from Fidelity’s FBTC and three other ETFs. Over the past five days, these funds have collectively gained about $1.69 billion.
SoSoValue’s data indicates that ETFs are on track for their sixth week in a row with positive net flows, something that hasn’t happened since July 2025.
Bitcoin is trading between $81,000 and $82,000, bouncing back from a low of around $62,000 in February, and we’re now seeing renewed interest from institutional investors.
Bitcoin’s price recovered to over $81,500 after a short dip to $80,771, according to crypto.news. This happened after the price failed to sustain a four-month high of $82,751, based on market data.
Investors felt more optimistic after news surfaced that Iran was considering a ceasefire plan proposed by the U.S. and communicated through Pakistan.
According to reports, the agreement outlines steps to reopen trade routes and lessen problems around the Strait of Hormuz. However, talks about Iran’s nuclear program weren’t part of this particular deal.
President Trump said a deal hadn’t been finalized and cautioned that fighting would go on if Iran didn’t meet the requirements of the proposed agreement.
Geopolitical events caused continued price swings in the oil market. The price of WTI crude oil decreased to around $93 a barrel, and Brent crude fell by about 1% to nearly $100. This decline in oil prices boosted interest in riskier investments, such as cryptocurrencies.
Gold and silver prices went up and down as investors moved their money between traditional investments like gold and silver, and digital assets like cryptocurrencies. On Thursday, gold increased by over 1.2% and silver saw a gain of almost 4%, according to market data.
Bitcoin’s price has been steadily increasing within a defined range since late March, and technical analysis still suggests a generally positive trend, even with some recent price swings around $82,000.
According to market analysts, Bitcoin might face some selling pressure between $84,000 and $85,000. Traders are watching the $80,000 level as a key price point that could prevent further declines.
Read More
- Unlock Exclusive Access to OpenGradient’s AI Token Launch on Binance and PancakeSwap!
- PENGU Price Soars 30% After SEC’s ETF Filing Acknowledgement: Is This the Next Big Thing? 🚀🐧
- Ethereum’s Wild Ride: Bulls Stampede as Metrics Hit Record Highs 🚀🐂
- Bitcoin vs. Ethereum: The Tale of Two Cryptocurrencies 🪙⚔️
- Ripple Wades Through UK Regulators: The Promised Land or Just a Mirage? 🚀🔒
- HYPE PREDICTION. HYPE cryptocurrency
- XRP to the Moon? 🚀 AI Says $4.40, Analysts Scream $6! 🤑
- Silver Rate Forecast
- BTC Takes a Tumble, ETH Sighs: The Week the Crypto Circus Rolled In
- Shiba Inu Price Crash: The Saga You Won’t Believe
2026-05-07 12:41