Spot Bitcoin ETF Inflows Jump to $730.9M, Biggest Since Jan. 14 as BTC Retakes $80,000

U.S.-listed spot Bitcoin exchange-traded funds posted their strongest single-day inflows in nearly eight months, as Bitcoin climbed back above $80,000. SoSoValue data showed U.S. spot Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily tally since Jan. 14, when the group drew $843.6 million. The surge followed $101.2 million in net inflows on Wednesday. CoinGecko pricing indicated BTC traded roughly between $76,000 and $81,000 earlier in the week before regaining the $80,000 level. BlackRock's iShares Bitcoin Trust (IBIT) accounted for the bulk of Thursday's demand. Farside Investors reported IBIT took in $454 million, about 62% of the day's net inflows. Farside also noted IBIT last saw a larger one-day haul of $503 million on Aug. 20. Flows were not evenly distributed across issuers. ARK Invest and 21Shares' ARKB added $137.7 million, while Fidelity's FBTC brought in $74.4 million. VanEck's HODL and WisdomTree's BTCW were the only two funds to register outflows, at $19.6 million and $5.2 million respectively. Despite the headline inflow figure, CryptoQuant cautioned that the price rebound may still be driven more by positioning than by a clear wave of fresh spot demand. In comments shared with Cointelegraph, the firm pointed to heavy short covering and profit-taking as key factors that can lift price quickly without guaranteeing follow-through. CryptoQuant also flagged elevated realized profits. It estimated that holders realized around 23,000 BTC in net profits on Aug. 21, the highest daily total this year, and about 110,000 BTC in net profits cumulatively since Aug. 19. On the technical front, CryptoQuant highlighted the 365-day moving average near $82,300 as a key dividing line between bull and bear regimes. Bitcoin reached $81,400 on Aug. 28 before slipping back below that area. The firm said a decisive close above $83,000 would help confirm a new bull phase, while failure to hold the zone could open downside toward the 200-day moving average near $69,000. Market focus now turns to whether ETF inflows remain elevated after Thursday's spike and whether BTC can sustain closes above the $83,000 region.