Crypto ETFs See Inflows, Bitcoin Nears $80,000

Digital asset funds are experiencing a resurgence in institutional investment, attracting $1.2 billion in inflows last week, pushing total assets under management to $155 billion, the highest since February. Bitcoin funds alone captured $933 million, driving the cryptocurrency towards the critical $80,000 mark. This renewed interest, coupled with strong performance in blockchain equity ETFs, suggests a growing appetite for indirect crypto exposure. The upcoming earnings reports from major tech companies will be crucial in determining if Bitcoin can sustain this momentum and break through its resistance level.