Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million
- US spot Bitcoin ETFs are acting like a leaky hash manifest, with inflows cratering to a pathetic $31 million. BlackRock’s IBIT is the only one trying to keep the PoD seal intact, adding 657 BTC to its hoard, while Fidelity and Grayscale hemorrhage cash faster than a meat wallet in a crypto winter. We’re staring down an $84,000 supply wall that Glassnode says is denser than Core Dynamics bureaucracy. The marginal bid has shrunk from 11,000 BTC to under 400, meaning institutional muscle is gone. Unless someone suddenly remembers how to buy, this "recovery" is just a polite exit ramp for long-term holders looking to dump on retail. Aggressive passive income? More like aggressive disappointment.