1 billion ETF funds return, BTC stabilizes at 86,000, institutional demand recovers

According to Woofun AI, Bitcoin spot ETFs in the US market recorded a net inflow of nearly $1 billion, propelling the Bitcoin price to stabilize above $86,000, marking a significant recovery in demand from institutional investors.

Digital asset trader Castillo Trading predicted that BTC would first rise to around $89,000 before testing the $80,000 mark again. He emphasized that the decline was not a bearish sign, but a good buying opportunity.

According to data compiled by Woofun AI, trader Michael van de Poppe focused on the $84,000 level as a key area to establish long positions after a breakout.

Trader CryptoSBatman notes that the ETF net inflow was close to $1 billion in the most recent trading day, confirming the return of institutional investor demand after months of weakness. He asserted that 'real money is flowing back' and believes that Bitcoin's lowest point may have already appeared.