Bitcoin Holds Near 79,520 as US Spot Bitcoin ETFs Extend Inflow Streak to 8 Sessions, Totaling 2.8B

Bitcoin traded near 79,520 after touching 80,475 as US spot Bitcoin ETFs recorded an eighth straight day of net inflows totaling 2.8 billion, with BlackRock's IBIT contributing 2.02 billion, according to Farside Investors. Grayscale's GBTC saw a 50.4 million outflow on Wednesday, while cumulative category inflows since launch reached 54.7 billion.