Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak

U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile. What to know : Bitcoin hovered near $72,500 as U.S. spot bitcoin ETFs logged about $155 million in net inflows on Wednesday, extending a two-week run of roughly $1.47 billion in new allocations. On-chain data from Glassnode show buy-side momentum weakening, with realized profits down sharply and only about 57 percent of bitcoin supply in profit, a level historically linked to early bear market conditions. Despite fragile underlying demand and caveats about how ETF flows translate into spot buying, institutional inflows have stabilized and some investors increasingly view bitcoin as a 24/7, cross-border geopolitical hedge rather than just a risk asset.