TLDR
- Bitcoin ETFs saw a significant $2.2 billion in weekly inflows, building on previous momentum.
- The BTC price surged above $120,000 for the first time since August, gaining over 10%.
- On October 2, U.S. spot ETFs added 5,290 BTC worth approximately $627 million in one day.
- BlackRock’s iShares Bitcoin Trust (IBIT) purchased 3,930 BTC for $466.5 million, leading inflows.
- Retail selling has slowed, easing supply pressure on exchanges and supporting the BTC price rally.
- Bitcoin’s Accumulation Trend Score hit 0.62, the highest since August, reflecting steady accumulation.
Bitcoin ETFs saw significant inflows, recording $2.2 billion this week. This surge follows a rocky September with nearly $1 billion in outflows. As a result, the BTC price rose above $120,000, marking its highest level since August.
Bitcoin ETFs Experience Strong Inflows Amid Price Surge
Bitcoin ETFs saw remarkable weekly inflows of $2.2 billion, according to SoSoValue data. These inflows come after a shaky September, which had almost $1 billion in outflows. On October 2, U.S. spot ETFs collectively added 5,290 BTC, valued at approximately $627 million, in a single day.
BlackRock’s iShares Bitcoin Trust (IBIT) led with the purchase of 3,930 BTC, valued at $466.5 million. Fidelity’s FBTC also recorded strong inflows of around $89 million in tokens. Experts believe these inflows signal growing institutional interest in Bitcoin ETFs.
BTC Price Rallies Above $120K, Fueling Optimism
The BTC price surged to $120,015 this week, rising over 10%. The rally took place despite ongoing concerns about a potential U.S. government shutdown. Experts attribute the price jump to Bitcoin’s strong accumulation trend and the beginning of “Uptober.”
Bitcoin’s Accumulation Trend Score reached 0.62, its highest since August. Wallets holding between 10 and 1,000 BTC have been steadily accumulating, reducing selling pressure from larger holders. Retail selling has slowed, which has helped minimize supply on exchanges.
Additionally, the 1.1 million BTC linked to Bitcoin’s creator, Satoshi Nakamoto, is now worth over $130 billion. This comes as BTC price continues its upward movement. These coins have remained untouched since 2010, according to Arkham Intelligence.
Institutional Interest Drives BTC ETF Inflows
The surge in Bitcoin ETF inflows is partly due to institutional investors showing increasing interest. Bitcoin ETFs have become a key tool for institutions to gain exposure to Bitcoin without directly purchasing the cryptocurrency. As these products attract more capital, the BTC price continues to benefit from the growing demand.
SATOSHI’S NET WORTH IS NOW BACK ABOVE $130 BILLION
HE HAS NEVER SOLD $BTC pic.twitter.com/RdcLK21SDX
— Arkham (@arkham) October 2, 2025
BlackRock’s IBIT, in particular, has become the largest platform for BTC options. The SEC’s approval of options trading for IBIT earlier this year played a significant role in its success. This growth signals the increasing institutional involvement in Bitcoin markets.
Crypto analyst Michael van de Poppe forecasts further BTC price upside. He suggests that the token could soon break previous all-time highs. According to van de Poppe, consolidation at current levels may lead to a major breakout, fueling optimism in the market.
