Bitcoin holds near $85,000 as ETF inflows accelerate to $433 million
- —US spot Bitcoin ETFs saw $433 million of inflows on Friday, up from $159 million the previous day
- —Cumulative Bitcoin ETF inflows stand near $55 billion, with assets under management around $102 billion
- —Ethereum ETFs attracted $144 million, snapping a three-day run of outflows
- —XRP ETFs posted a mild $44,000 outflow, though cumulative inflows remain at $1.7 billion
Why it matters: Renewed ETF demand underpins the bullish trend in BTC and ETH, but an RSI near 70 leaves room for short-term consolidation.
Source: FXStreet Crypto