Bitcoin ETF merchandise recorded greater than $2.2 billion in weekly inflows, constructing on the momentum of earlier weeks. In gentle of this, the BTC Value rallied above $120,000 for the primary time since August.
Bitcoin ETF Inflows Hit File $2.2 Billion Influx
In keeping with SoSoValue information, Bitcoin ETFs recorded $2.2 billion in inflows this week, following a shaky September that noticed almost $1 billion in outflows.
On October 2, the U.S. spot ETFs collectively added 5,290 BTC price roughly $627 million in a single day. Within the lead, BlackRock’s iShares Bitcoin Belief (IBIT) purchased 3,930 BTC for $466.5 million. Constancy’s FBTC additionally reported substantial inflows of round $89 million price of tokens.
Bitcoin ETFs posted one among its strongest inflows of the month on September 12, recording $642 million. Consultants attribute the Fed’s price cuts to a major catalyst. Weak payroll information within the U.S. bolstered expectations of additional easing. This shifted chances towards one other discount.
In complete, September closed with internet inflows of $3.5 billion throughout all U.S. Bitcoin ETFs. This implies that institutional curiosity is rising.
In a parallel improvement, BlackRock’s IBIT surpassed Deribit to change into the biggest platform for BTC choices. This leap adopted the SEC’s approval of choices buying and selling for IBIT earlier this 12 months.
Ethereum ETFs additionally attracted stable each day inflows. This was led by BlackRock’s ETHA with $177 million, adopted by Constancy at $60.7 million. Nonetheless, ETH merchandise had largely underperformed through the late-September crypto rally. The fund managed lower than $100 million in internet inflows throughout three consecutive days final week.
BTC Value Breaks $120K Amid Uptober Momentum
The BTC worth has surged to $120,015 this week, gaining over 10% regardless of the backdrop of a U.S. authorities shutdown. The rally comes as “Uptober” will get underway.
Supporting the bullish outlook, Bitcoin’s Accumulation Pattern Rating hit 0.62, its highest since August. Wallets holding between 10 and 1,000 BTC have been steadily accumulating. This primarily absorbs promoting stress from bigger holders. Retail promoting has additionally slowed, easing change provide.
Notably, Arkham Intelligence shared that the estimated 1.1 million BTC linked to Bitcoin creator Satoshi Nakamoto is now price over $130 billion. This comes on the again of the BTC worth’s latest rally. The on-chain tracker additionally shared that these cash have remained untouched since 2010.
SATOSHI’S NET WORTH IS NOW BACK ABOVE $130 BILLION
HE HAS NEVER SOLD $BTC pic.twitter.com/RdcLK21SDX
— Arkham (@arkham) October 2, 2025
Moreover, Crypto analyst Michael van de Poppe has predicted a robust upside for the BTC worth all through the month. He shared that the token may quickly set up a brand new all-time excessive, noting that consolidation at present ranges may set the stage for the subsequent breakout.
