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US spot Bitcoin ETFs absorbed $1.7 billion in just two days while BTC climbed above the estimated average purchase price of all holders. When price crosses that level, holders move from loss to profit on average, which has historically brought in more buyers.

The largest weekly ETF inflow since October pushed year-to-date flows back above zero, erasing a nearly $5.8 billion hole from early 2026. That milestone removes a structural drag and signals renewed institutional conviction.

Inflows have now run for eight consecutive days and added nearly $3 billion over the past month. The streak shows buyers have not stepped back despite recent volatility and keeps upward pressure on price.
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