
U.S. spot Bitcoin ETFs have attracted nearly $1.7 billion in inflows over five consecutive sessions, driven by strong institutional demand and Bitcoin's price recovery above $80,000. BlackRock's IBIT led the inflows, offsetting withdrawals from other funds, as easing geopolitical tensions between the U.S. and Iran boosted investor confidence in risk assets. Bitcoin traded between $81,000 and $82,000, supported by positive technical momentum and improved market sentiment following reports of a potential ceasefire proposal involving Iran. Analysts see $80,000 as key support and $84,000 to $85,000 as the next resistance level for Bitcoin.