Bitcoin (CRYPTO: BTC) held above the $66,000 level as U.S. spot Bitcoin ETFs extended their longest inflow streak in months, signaling improving institutional sentiment after heavy selling pressure earlier this year.
In an X post on July 23, Santiment Intelligence data shows U.S. spot Bitcoin ETFs have recorded seven consecutive trading days of net inflows since July 14, bringing in around $981.2 million as Bitcoin climbed to as high as $66,300.
The analytics firm noted that the last inflow streak of similar length occurred in early October 2025, when Bitcoin was approaching its all-time high near $126,000.
Santiment said the steady string of positive sessions suggests confidence is gradually returning after sustained outflows during May and June.
The firm added that current ETF behavior supports the possibility of a rally toward $70,000, while warning that a sudden spike in one-day inflows could indicate excessive fear of missing out and the formation of a local top.
