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MarketVerified InsightPublished 01 May 2026 · 11:00 GMT

BTC Breaks $90K on Sustained ETF Inflows

Blockchain News Summary

Bitcoin closed above $90,000 for the third consecutive session, with U.S. spot ETFs absorbing $2.4B in net inflows over the week.

Spot Bitcoin ETFs continue to dominate flows. IBIT (BlackRock) and FBTC (Fidelity) accounted for 71% of weekly net inflows.

Derivatives markets are showing healthier funding rates than the prior leg up — annualized perpetual funding sits at 8% versus 25%+ during the March melt-up, suggesting less leveraged buying.

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