
Bitcoin’s price bounced back from post-Iran attack lows, briefly surpassing $73,000, while U.S. spot Bitcoin ETFs saw $500 million in inflows, nearly balancing out year-to-date outflows.
Bitcoin saw a 13% surge, briefly surpassing $73,000 after the recent Iran-related geopolitical tensions, and is now trading near $71,000. According to Bloomberg’s Eric Balchunas, $500 million flowed into 10 of 11 U.S. spot Bitcoin ETFs on April 6, nearly offsetting the year’s outflows, indicating strong market confidence in Bitcoin despite global tensions.