Spot Bitcoin ETFs See $1.9B Inflow as BTC Nears $80K Resistance

Spot Bitcoin ETFs recorded a total net inflow of approximately $1.9 billion from April 14 to 22, according to Coinglass data. The inflows occurred as Bitcoin traded around the $78,000–$80,000 range, where sell liquidity clusters are concentrated. April 17 saw the highest single-day inflow of over $600 million. Institutional participation increased as Bitcoin recovered from ~$60,000 in early February, rather than during correction phases. The inflows coincided with cooling Iran–US tensions, supporting risk assets. CryptoQuant data shows the Exchange Whale Ratio dropped to around 0.48, indicating large holders have not aggressively sold. Open Interest in derivatives rose from ~$105 billion to over $125 billion, while funding rates remain near zero. Liquidity clusters show resistance at $79,000–$81,000 and support at $75,000–$76,000. Historical patterns suggest inflows near resistance can precede reversals, as seen in early 2026 when Bitcoin neared $90,000 before dropping to $60,000. Conversely, inflows after corrections, like in February–March 2026, led to continued upward trends. The current setup indicates a short-term equilibrium, with the $80,000 zone serving as a critical test for buyers' ability to absorb supply.