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Bitcoin ETFs see $1.7B inflows over 5 days as Bitcoin rebounds above $80K amid easing US-Iran tensions.

Market News
07 May 2026
Crypto news
Bullish
pluang ai news

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.

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