High Interest Endures in ETFs:
Spot Bitcoin ETF entries in the United States encountered a resurgence recently, amassing a total of $485 million in inflows. Despite this increase, the pace of capital flowing into spot ETFs appeared to be decelerating, sparking discussions on how this might impact Bitcoin's climb toward the $100,000 mark.

Prolonged Enthusiasm in ETFs:
Even as Bitcoin underwent a correction, dipping below $70,000 from its peak, trading volumes in spot Bitcoin ETFs showcased considerable vigor. Data unveiled by the Santiment on-chain analysis firm revealed sustained trading action in a variety of ETFs, such as GBTC, IBIT, FBTC, ARKB, BTCO, BITB, and HODL. This persistent participation underscored an enduring market interest, even a month after Bitcoin set its all-time high in late February.

In anticipation of the impending 4th block reward halving scheduled for April 19th, market volatility is expected to persist. However, there are speculations circulating about the potential waning of both ETF and on-chain volumes post the block reward halving. This situation mandates a cautious eye on market dynamics in the days ahead.

The consistent demand for spot Bitcoin ETFs offers an encouraging sign for Bitcoin's prospects. Particularly with the impending reduction in supply accompanying the block reward halving in the next ten days, analysts are of the opinion that the sustained demand in the spot Bitcoin ETF market could drive Bitcoin's value closer to the $80,000 boundary.

Despite this, the Federal Reserve's monetary policies wield substantial influence over the dynamics of the spot Bitcoin ETF sector. Changes in US economic signals, especially in response to the Fed's potential interest rate adjustments, might sway Bitcoin demand. The forthcoming release of US inflation data for the week is poised to influence market sentiments on the potential interest rate verdict by the Fed in June.

Present Bitcoin Status:
BTC presently maintains a firm stance above both the 50-day and 200-day Exponential Moving Averages (EMA), affirming a bullish trend in terms of pricing. If Bitcoin breaches the $70,000 mark, it could potentially escalate its upward momentum, possibly surpassing its previous all-time peak of $73,750 achieved on March 14th. Surpassing this ATH could establish a target of $75,000 as part of the optimistic trend.

The latest data indicates that Bitcoin is trading at $69,798, exhibiting a 0.82% increase over the last 24 hours. This data points to the cryptocurrency king's market value standing at $1.37 trillion.