Bitcoin News

Story: Bitcoin ETF Inflows Surge to $517M, Driving Price to $72K After Treasury Moves

By Sydney TheCMO

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Samson Mow, Ki Young Ju Weigh In. Jan3 CEO Samson Mow didn't mince words. He said the market was "smelling blood," framing Bitcoin's…

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ETF Inflows Tell a Clearer Story. Whatever people think about the sustainability of the move, the ETF numbers are hard to argue with.

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What the Bears Still Have Going For Them. But here's the thing — the Treasury move provided temporary relief.

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Bitcoin broke out. After six weeks stuck in the same tired range, it punched above $71,000 and briefly touched $72,000 — a move that caught a lot of short sellers badly off-side.

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The catalyst wasn't crypto-native. It came from Washington. The U.S. Treasury made an unexpected call to expand its purchases of long-dated government bonds, and it doubled…

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Jan3 CEO Samson Mow didn't mince words. He said the market was "smelling blood," framing Bitcoin's climb as a flight to safety rather than pure speculation.

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CryptoQuant CEO Ki Young Ju had a more measured take. He said Bitcoin demand turned positive in both the spot market and perpetual futures for the first time since Bitcoin hit…

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Not everyone's buying the bullish narrative. Bitcoin skeptic Peter Schiff called the price jump a "fakeout." His view: it doesn't signal a real breakout, just noise.

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BlackRock's IBIT led the pack by a wide margin — $284.7 million in a single session. Ark and 21Shares' ARKB came in second with $77.7 million. Fidelity's FBTC added $62.4 million.

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See also: Bitcoin ETF Inflows Surge to $517 Million, Marking Biggest Day Since May

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The ETF surge is probably the most concrete sign that something real shifted in sentiment, at least short-term. Retail traders chase price.

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But here's the thing — the Treasury move provided temporary relief. That's the word people keep using. Temporary. The 30-year yield dropped 7 basis points, not 70.

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Ki Young Ju's caveat matters here. Demand turned positive, yes. But modest demand after a prolonged bear phase isn't the same as a bull market resuming.

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And Schiff's "fakeout" framing, annoying as it is to Bitcoin holders, captures a real risk. Short liquidations can drive price spikes that look dramatic in the moment and mean…

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See also: US Debt Hits $40 Trillion, Sparking Bitcoin Surge Amid Market Turmoil

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