CoinDesk
Institutional investors poured $858 million into crypto funds last week, with bitcoin products alone capturing over $700 million — pushing year-to-date BTC fund flows to $4.9 billion, the strongest weekly total since late April according to CoinShares. BlackRock and 21Shares were among the asset managers receiving inflows, now five consecutive weeks running. CoinShares head of research James Butterfill pointed to improving sentiment around the Clarity Act as the key catalyst.
Bitcoin is trading near $81,000, having twice narrowly missed the 200-day simple moving average sitting just above $82,000. Analysts at Marex say the next leg higher requires a daily close above that level on steady spot demand — without it, price is likely to chop between $79,000 and $82,000 while macro sets the tone. Immediate support is seen at $80,400, with a broader demand zone between $78,200 and…
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