Bitcoin spot ETF inflows hit $924 million in a week as BTC rejects $81,000 resistance

Bitcoin spot ETFs logged substantial weekly inflows of $924 million, driven by continued daily net buying pressure through most of the period before a Friday reversal that saw $201 million exit the funds. The inflow surge marks a sharp turnaround from earlier 2024, when spot Bitcoin ETFs had accumulated roughly $5.30 billion in outflows year-to-date. August itself registered $3.52 billion in total inflows across US spot Bitcoin funds, suggesting institutional appetite has stabilized.

Price action remained choppy throughout the week, with Bitcoin testing but failing to break past $81,000 resistance before subsequently sliding to $78,000. The moves align with typical September seasonality headwinds that historically weigh on Bitcoin, while concurrent selling pressure from long-term holders adds another layer of resistance to sustained rallies.

• Weekly spot ETF inflows of $924 million reversed a multi-month deficit, signaling renewed institutional demand despite Friday's partial pullback.
• Bitcoin faced sustained rejection at $81,000, indicating meaningful supply above current levels.
• Long-term holder selling and seasonal weakness suggest near-term consolidation risk ahead of a potential institutional reaccumulation phase.