Bitcoin logs biggest weekly jump since March 2024 as ETF inflows surge

AI Market Summary
BTC posted its strongest weekly gain since March 2024, rising over 20% and briefly nearing $79,500, as large-scale short covering transitioned into stronger spot demand. QCP highlighted that U.S. spot BTC and ETH ETFs recorded about $2.6B in net inflows—the highest since October 2025—with BTC ETFs taking ~$1.92B. The reversal from prior-week outflows signals a meaningful shift in institutional flow dynamics.
Impact level
● High
Affected assets
BTC/USDT+1.40%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin rallied more than 20% last week and touched roughly $79,500 on Friday, its strongest weekly performance since March 2024, according to QCP. QCP said the move was sparked by large-scale short covering and then reinforced by stronger spot-market buying. U.S. spot BTC and ETH ETFs recorded combined net inflows of about $2.6 billion, the largest since October 2025. BTC ETFs took in around $1.92 billion, while ETH ETFs added approximately $697 million, swinging from a combined net outflow of about $392 million the previous week.