- Bitcoin spot ETFs observed five straight weeks of inflows.
- Bitcoin price broke the $80,000 mark today, May 4, 2026.
- Ethereum faced ETF outflows, whereas XRP and Solana ETFs saw minimal activity.
Bitcoin is holding firm but it seems like the other cryptocurrencies are fading into the background. Recent data via SoSoValue shows that there has been a steady institutional buying through Bitcoin exchange-traded funds (ETFs), and this has pushed the price of the token above the $80,000 mark. This push comes at a time when the broader crypto market is rallying; however, altcoins such as XRP and SOL are lagging.
Bitcoin ETFs See Massive Inflows
Bitcoin spot ETFs are on a hot streak. According to the data represented by SoSoValue, for five straight weeks, Bitcoin ETFs have recorded net inflows, with $153.87 million pouring in last week alone. This consistent buying in the $75,000 to $80,000 price range feels less like a quick dip grab and more like big players building long-term positions.
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