Bitcoin ETF Records $287M Inflow, Here’s Key BTC Price Levels to Watch

Key Insights

• The US Spot Bitcoin ETF has recorded an inflow of nearly $290 million this week.
• BlackRock’s IBIT was the biggest contributor this week into the investment instrument.
• The experts have revealed key Bitcoin USD (BTC) price levels to watch for the future movement of the coin.

The US Spot Bitcoin ETF has posted a positive week again, with an overall inflow of nearly $290 million, which has caught the eyes of traders.

However, despite the positive fund flow into the investment instrument, BTC price has failed to showcase any positive reaction to the development.

For context, Bitcoin USD price has failed to break through the $95,000 resistance in recent days, despite the US Fed rate cut.

It seems that the hawkish hints from the Fed officials over only one 25 bps rate cut in 2026 have weighed on the investors’ sentiment.

Meanwhile, it seems that the US stock market also bears the hit, as evidenced by the top three US indices closing in the red this week. Considering all these aspects, the investors are likely seeking more insights on the potential future momentum of the market before putting their bets into the asset.

On the other hand, the declining fund flow into the US Spot Bitcoin ETF also suggests that the institutions are treading cautiously.

Amid this, the market experts have shared key Bitcoin USD price levels to watch ahead, which might set the future movement of BTC price.

Bitcoin ETF Sees Inflow as BlackRock Turns Bullish

The US Spot Bitcoin ETF has recorded an inflow of $49.1 million on December 12, with BlackRock’s IBIT providing the biggest boost with $51.1 million influx.

According to Farside Investors’ data, all the other issuers have recorded no change, with only Fidelity’s FBTC recording an outflow of $2 million.

The weekly inflow into the investment instrument through Friday, December 12, totaled $286.6 million.

Notably, BlackRock Bitcoin ETF was the highest contributor, providing an inflow of $214.1 million alone through the week.

Notably, the US Spot Bitcoin ETF has recorded an inflow for three days this week, with only two sessions in the red.

On December 8 and December 11, the investment instrument recorded an outflow of $60.4 million and $77.5 million, respectively.

Meanwhile, the data suggests that the institutions have turned bullish on the asset this week, despite the gloomy momentum recorded in the broader market.

For context, the crypto market has mostly stayed in the red this week, after a recovery at the start, with BTC price reaching $94,000.

This indicates that the retail investors are still trading cautiously amid the topsy-turvy scenario recorded in the broader market.

Besides, the experts have also shared key insights on the Bitcoin USD price levels to watch ahead, which has caught the eyes of traders.

What’s Next for Bitcoin USD Price?

Amid the positive fund flow into the US Spot Bitcoin ETF, BTC USD price has failed to showcase any positive momentum.

At the time of writing, Bitcoin USD price was down over 2% and traded near $92,200, with its trading volume soaring 16% to $80 billion.

Notably, the BTC price has touched a 24-hour high and low of $92,618 and $89,532, respectively. Amid this, analyst Ali Martinez has highlighted the key Bitcoin price levels to watch ahead.

For context, the expert said that Bitcoin USD faces major resistance at $99,000 and $122,000. In other words, if BTC price can break through the $99,000 mark, it could target the $122k level ahead.

On the other hand, the major support for the crypto lies at $76,000 and $53,000, based on the pricing bands.

Having said that, it seems that the crypto might witness a massive pullback if it fails to hold the $90,000 support level.