
US spot Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, marking their strongest daily intake since January, according to Cointelegraph. The inflows came as Bitcoin reclaimed the $80,000 level. Despite the sizeable ETF activity, CryptoQuant cautioned that underlying fresh demand remains weak. The analytics firm also identified $83,000 as a key level for Bitcoin to test next. The combination of renewed ETF buying and Bitcoin’s move back above $80,000 highlights stronger market participation, while CryptoQuant’s assessment points to a need for additional demand to support further gains. The figures relate to US Bitcoin ETFs and Bitcoin’s price action on Thursday.