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Bitcoin

Bitcoin holds above $80,000 as spot ETFs attract $286 million in two days

Image: CoinTurk News

Bitcoin traded near $80,800, recording gains between 1% and 1.6% over the last 24 hours. The leading cryptocurrency moved within a range of $79,416 to $81,159 during the same period, while trading volume reached approximately $23.5 billion and market capitalization remained above $1.62 trillion. Despite the modest rally, Bitcoin failed to reclaim the $82,000 mark. U.S. spot Bitcoin exchange-traded funds (ETFs) brought in $176 million on Tuesday, according to data from SoSoValue. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the majority of this activity, attracting $151.5 million in a single day. Adding to that, spot Bitcoin ETFs recorded inflows of $110 million on Monday, resulting in a two-day total of $286 million.

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