Bitcoin Spot ETFs Record $1.69B Five-Day Inflow Streak, Approaching $85K Resistance

According to Glassnode, Bitcoin spot ETFs recorded their fifth consecutive day of net inflows on Wednesday, May 7, bringing the five-day total to $1.69 billion, the longest streak since July 2025. Bitcoin is trading near $81,000 and has cleared two key cost basis levels—the True Market Mean at $78,200 and the Short-Term Holder Cost Basis at $79,100—putting the majority of active market participants back in profit. Analysts note the market is now approaching the next major ceiling at the Active Realized Price near $85,200, where overhead selling pressure is likely to intensify.