Bitcoin’s $80,000 floor faces Friday inflation test as ETF inflows lose momentum

Bitcoin held the $80,000 area, which Glassnode estimates as the average acquisition cost for U.S. spot Bitcoin ETFs and publicly traded corporate treasuries. ETF inflows slowed by 95.6% in a day. Farside Investors recorded $526.7 million in net inflows on Oct. 19 and $23.2 million on Oct. 20; both sessions were positive. Those figures show a sharp drop in daily ETF inflows while Bitcoin traded near the estimated average acquisition costs for ETF and corporate-treasury holders.