Bitcoin Surpasses $81,000 Threshold Following US-Iran Ceasefire News

Key Facts

1Bitcoin ETFs recorded $603 million in inflows driven by geopolitical tensions between the US and Iran.

2Ethereum ETFs saw a $99 million boost as investors sought digital assets.

Bitcoin price has extended its rally to surpass the $81,000 threshold, driven by improved risk sentiment following reports of a ceasefire between the US and Iran. U.S. spot Bitcoin ETFs recorded substantial net cash inflows exceeding $1.6 billion, underscoring robust institutional demand. Simultaneously, U.S. spot Ethereum ETFs recorded net inflows of $97.57 million, while XRP ETFs recorded their highest inflows in two weeks as institutional interest expands. Notably, Morgan Stanley's MSBT ETF assets have now surpassed $200 million, contributing to a broader recovery led by major players like BlackRock. With Bitcoin open interest remaining at record highs of $60.9 billion, the market demonstrates significant depth amid easing geopolitical tensions and accelerating institutional adoption.

29 days ago

Version History

Version 1929 days ago

What changed: The story was updated to include record inflow data for XRP ETFs, indicating that institutional interest is expanding beyond Bitcoin and Ethereum.

Version 1829 days ago

What changed: Updated the cumulative four-day net inflows for spot Bitcoin ETFs to exceed $1.6 billion through May 6.

Version 1729 days ago

What changed: Added context regarding the potential for institutional inflows to stabilize the market and influence future regulations.

Version 1629 days ago

What changed: Updated Ethereum ETF inflow figures for May 5 to $97.57 million and confirmed a three-day streak of positive flows.

Version 1529 days ago

What changed: Updated data to include $467.35 million in net inflows for spot Bitcoin ETFs on May 5, marking a four-day consecutive inflow streak.

Version 1429 days ago

What changed: Updated daily net inflows to $532M and added total April inflow figures of $2.44B.

Version 1329 days ago

What changed: Added 24-hour net inflow data ($239M) and updated the analysis to include active capital rotation and hedging behavior.

Version 1229 days ago

What changed: Added specific data regarding Morgan Stanley's MSBT ETF performance and investor demographics.

Version 1129 days ago

What changed: Updated the price target from $80,000 to $81,000 and incorporated CoinShares data confirming the five-week inflow streak.

Version 1029 days ago

What changed: Added a specific technical milestone regarding Bitcoin posting its strongest price close since January.

Version 929 days ago

What changed: Updated the story to include specific May 4 net inflow data for both Bitcoin and Ethereum ETFs, confirming a three-day positive streak for Bitcoin funds.

Version 829 days ago

What changed: Confirmed that Bitcoin funds are attracting investment again after a brief period of outflows, preserving their ongoing winning streak.

Version 729 days ago

What changed: Updated the story to include the 5-week inflow streak data and details on how Friday's inflows offset mid-week outflows.

Version 630 days ago

What changed: Updated to include specific Monday inflow data of $532 million and the confirmation of a three-day streak of positive ETF inflows.

Version 530 days ago

What changed: Updated the story to reflect Bitcoin surpassing the $80,000 mark following ceasefire news, shifting the focus from geopolitical hedging to a recovery rally.

Version 430 days ago

What changed: Updated to include the third consecutive day of inflows totaling $532 million on Monday, and identified BlackRock and Fidelity as the lead drivers.

Version 330 days ago

What changed: Updated the consolidated inflow figure to $593 million and emphasized market resilience.

Version 230 days ago

What changed: Added information regarding regulatory clarity as a market driver and included the analyst price target of $80,000.

Version 130 days ago

What changed: The story was updated to include Bitcoin open interest reaching $60.9 billion, indicating an increase in speculative market activity.