Bitcoin briefly approached $80,000 last week, while U.S. spot Bitcoin ETFs recorded more than $1.9 billion in net weekly inflows. Coinbase also ended a 97-day negative premium, a period when its Bitcoin price traded below broader market levels, signaling that institutional selling pressure had eased noticeably. However, professional funds still held more than $600 million in short positions (bets on falling prices) across Bitcoin and Ethereum. U.S. equity institutions were also sharply reducing their exposure to artificial intelligence and semiconductor stocks. The market update was jointly produced by PANews and @BITstocks_CN.