Bitcoin exchange-traded funds (ETFs) in the U.S. have posted a fifth consecutive day of inflows, bringing in $442 million on Thursday alone. The bulk of that came from BlackRock’s IBIT, which pulled in over $327 million, followed by ARKB from Ark Invest and 21Shares with $97 million. Though slightly below the explosive volumes seen earlier in the week, the trend points to growing institutional confidence.

Institutional Interest Persists Despite Market Uncertainty

ETF inflows remained strong even as trading volume slipped to $2 billion from Wednesday’s $4 billion. This resilience comes amid ongoing concerns around U.S.-China trade tensions, which weighed on macro markets earlier this month. But Thursday saw a rebound in U.S. equities, with the Nasdaq, S&P 500, and Dow each posting healthy gains—sentiment that seems to be spilling into crypto.

Bitcoin is now hovering near $94,000, gaining 1.17% over the past 24 hours. Ether is also slightly up at $1,778. Notably, spot Ether ETFs saw a quick reversal, drawing in $63.5 million after experiencing outflows the previous day.

Is $100K Bitcoin Just Around the Corner?

The strong performance of BTC ETFs is being matched by rising optimism in the broader crypto market. Social metrics point to renewed FOMO among retail traders, with on-chain data from Santiment showing behavioral patterns typical of local tops—but not necessarily of a full peak.

Some analysts suggest that despite the hype, Bitcoin could break through the $100,000 mark sooner rather than later. Prince Filip Karađorđević of Serbia echoed this view, predicting what he called an “omega candle” rally—an aggressive move driven by pent-up demand and underlying accumulation.

According to Glassnode, 87.3% of Bitcoin’s circulating supply is currently in profit. Historically, when that figure crosses 90%, markets often enter euphoric territory, which can precede both explosive rallies and eventual corrections.

Should You Buy or Wait?

Momentum is clearly building, and institutional demand is once again proving to be a major driver. But while the fundamentals and inflows are bullish, overbought signals and retail excitement suggest caution may be warranted.

Bottom line: If BTC sustains this pace, a breakout to six figures is within reach. However, waiting for consolidation may offer better entries for those seeking long-term positions.

This article is for informational purposes only and does not constitute investment advice.