Bitcoin ETFs See Daily Inflows Surpass $250 Million… Will Whales Lead the Bull Market?

▲ Bitcoin (BTC) / ChatGPT-generated image

The cryptocurrency market, led by Bitcoin (BTC), is staging a powerful recovery rally as it nears the $70,000 mark, fueled by a sharp turnaround in capital inflows into U.S. spot ETFs and growing expectations surrounding President Donald Trump’s economic policies.

According to crypto-focused media outlet BeInCrypto, Bitcoin recently found a bottom around $62,000 and surged past $69,000 on strong buying momentum, signaling a shift toward a bullish trend. The rally follows the easing of market uncertainty after President Donald Trump’s State of the Union address and the rapid return of institutional capital that had previously remained on the sidelines. Investors are expressing optimism, anticipating that the government’s pro-market stance will further expand liquidity in the digital asset market.

In terms of supply and demand dynamics, the reversal in capital flows into Bitcoin spot ETFs played a decisive role. On February 24 alone, U.S. Bitcoin spot ETFs recorded total inflows of $257.7 million, marking a symbolic halt to five consecutive weeks of net outflows. Significant inflows through BlackRock and Fidelity confirmed that institutions maintain a strong appetite for buying on dips. These capital movements have provided solid support for Bitcoin’s price and additional upward momentum.

Macroeconomic indicators and policy shifts are also energizing the market. In his speech, President Trump emphasized stabilizing inflation and strengthening economic growth, stimulating investor appetite for risk assets. At the same time, growing expectations for the passage of crypto-friendly legislation, such as the U.S. cryptocurrency market structure bill (CLARITY), have reduced regulatory risks. As U.S. equity markets continue to climb on solid earnings results, liquidity flowing into the digital asset market appears to be expanding further.

Not only Bitcoin but also major altcoins such as Ethereum (ETH) and Dogecoin (DOGE) are rising in tandem, lifting the overall market capitalization. XRP signaled a bullish shift by breaking above its 20-day exponential moving average and has since recorded active trading volumes as it seeks to gain market leadership. Data from crypto analytics firm Santiment indicates that investor sentiment is moving from fear toward greed, suggesting that market enthusiasm is heating up.

The cryptocurrency market has secured strong momentum to challenge the psychological resistance level of $70,000, reinforcing its upward trend. If institutional buying through spot ETFs continues and supportive economic policies persist, Bitcoin could accelerate toward setting a new all-time high. Market participants are closely monitoring key support levels and changes in macroeconomic indicators as they prepare for a potentially full-fledged rally.

*Disclaimer: This article is for investment reference only and we are not responsible for any losses resulting from investment decisions based on it. The content should be interpreted for informational purposes only.*