Bitcoin ETF Inflows Hit $981M Streak, Analysts Eye $70K Target

Bitcoin exchange-traded funds (ETFs) have recorded seven straight days of net inflows, accumulating a total of $981 million. This sustained buying pressure suggests that institutional investors are re-entering the market after a period of caution. According to analytics firm Santiment, the trend could propel Bitcoin toward the $70,000 mark in the near term. The streak marks one of the most significant institutional accumulation phases since the launch of spot Bitcoin ETFs earlier this year. Market observers note that the inflows coincide with improving macroeconomic sentiment and growing acceptance of digital assets among traditional finance players.