Bitcoin ETFs Record $2.2B Weekly Inflows as BTC Price Surges Past $120K

Michael Adeleke
2 hours ago
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BTC price surges above $120K after ETFs record $2.2B inflows, marking one of the strongest weeks for institutional interest in 2025.

Highlights

  • Bitcoin ETFs recorded $2.2B in inflows this week, the highest since August.
  • BlackRock’s IBIT led with 3,930 BTC ($466.5M) purchased in a single day.
  • BTC price broke $120K, gaining 10% amid “Uptober” optimism.

Bitcoin ETF products recorded more than $2.2 billion in weekly inflows, building on the momentum of previous weeks. In light of this, the BTC Price rallied above $120,000 for the first time since August. 

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Bitcoin ETF Inflows Hit Record $2.2 Billion Inflow

According to SoSoValue data, Bitcoin ETFs recorded $2.2 billion in inflows this week, following a shaky September that saw nearly $1 billion in outflows.

Source: SoSoValue; Bitcoin ETF Weekly Inflows

On October 2, the U.S. spot ETFs collectively added 5,290 BTC worth roughly $627 million in a single day. In the lead, BlackRock’s iShares Bitcoin Trust (IBIT) bought 3,930 BTC for $466.5 million. Fidelity’s FBTC also reported substantial inflows of around $89 million worth of tokens.

Bitcoin ETFs posted one of its strongest inflows of the month on September 12, recording $642 million. Experts attribute the Fed’s rate cuts to a significant catalyst. Weak payroll data in the U.S. bolstered expectations of further easing. This shifted probabilities toward another reduction. 

In total, September closed with net inflows of $3.5 billion across all U.S. Bitcoin ETFs. This suggests that institutional interest is growing.

In a parallel development, BlackRock’s IBIT surpassed Deribit to become the largest platform for BTC options. This leap followed the SEC’s approval of options trading for IBIT earlier this year. 

Ethereum ETFs also attracted solid daily inflows. This was led by BlackRock’s ETHA with $177 million, followed by Fidelity at $60.7 million. However, ETH products had largely underperformed during the late-September crypto rally. The fund managed less than $100 million in net inflows across three consecutive days last week.

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BTC Price Breaks $120K Amid Uptober Momentum

The BTC price has surged to $120,015 this week, gaining over 10% despite the backdrop of a U.S. government shutdown. The rally comes as “Uptober” gets underway.

Source: TradingView; BTC Price Daily Chart

Supporting the bullish outlook, Bitcoin’s Accumulation Trend Score hit 0.62, its highest since August. Wallets holding between 10 and 1,000 BTC have been steadily accumulating. This essentially absorbs selling pressure from larger holders. Retail selling has also slowed, easing exchange supply. 

Notably, Arkham Intelligence shared that the estimated 1.1 million BTC linked to Bitcoin creator Satoshi Nakamoto is now worth over $130 billion. This comes on the back of the BTC price’s recent rally. The on-chain tracker also shared that these coins have remained untouched since 2010.

Furthermore, Crypto analyst Michael van de Poppe has predicted a strong upside for the BTC price throughout the month. He shared that the token could soon establish a new all-time high, noting that consolidation at current levels could set the stage for the next breakout.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.