Bitcoin rebounds toward $70,000 as ETFs pull in $1.45 billion in five days

Bitcoin is recovering toward $70,000 following strong ETF inflows of $1.45 billion over five days. Market analysis suggests traders aren't factoring in Middle East conflict outcomes, while on-chain data shows improved spot demand despite cautious derivatives positioning.

• →Bitcoin ETFs attracted $1.45 billion in inflows over a five-day period, supporting price recovery.
• →Bitcoin is rebounding toward the $70,000 resistance level amid renewed institutional interest.
• →Market maker Enflux notes traders aren't pricing in Middle East geopolitical risks or resolutions.
• →Glassnode data indicates improving spot market demand for Bitcoin.
• →Derivatives positioning remains cautious despite the spot market strength.