Bitcoin ETFs Attract $507M as Bitcoin Price Nears $69K

The recent surge in Bitcoin ETF inflows has been accompanied by a rebound in the wider cryptocurrency market. On February 26, net inflows of $507 million were recorded, marking the first triple-digit figures since February 10.

This significant influx of capital comes as the Bitcoin price approaches $69,000, with analysts warning that the next big move will depend on breaking through key resistance levels.

The shift towards regulated crypto products suggests renewed investor interest and growing market confidence. However, some experts caution against rushing to optimistic conclusions, pointing out that the overall market trend remains bearish.