Institutional inflows into spot Bitcoin ETFs: Can BTC break $90,317 resistance?

Bitcoin (BTC) is trading at 84,478, posting a modest gain for the day. The asset is currently situated above its key moving averages, signaling positive short-term sentiment.

Highlights

• Institutional investors allocated $2.65 billion to U.S. spot Bitcoin ETFs across five sessions, increasing liquidity and broadening market participation.
• The 10-year U.S. Treasury yield rose above 5.2%, raising the comparative appeal of interest-bearing assets over risk assets like Bitcoin.
• BTC/USD trades with bullish momentum and moderate overbought signals, with short-term consolidation expected between $83,014 and $90,317.

Institutional ETF inflows offset as rising yields temper risk appetite

Institutional inflows into U.S. spot Bitcoin ETFs totaled approximately $2.65 billion across five consecutive sessions, according to Finance Yahoo, reflecting sustained demand from funds and managers allocating directly to Bitcoin exposure. This influx of capital increases liquidity and broadens market participation, which has been a significant factor in maintaining steady conditions for the asset. Meanwhile, the 10-year U.S. Treasury yield climbing above 5.2% on Friday, also cited by Finance Yahoo, has elevated the comparative appeal of interest-bearing assets and may limit further upside for risk assets like Bitcoin.