Bitcoin ETF Inflows of $2.2B May Be Fueling Price Rise Past $120K Amid Growing Institutional Interest

• Record weekly Bitcoin ETF inflows: $2.2B, driving BTC price momentum.

• BlackRock’s IBIT added 3,930 BTC (~$466.5M); U.S. spot ETFs added 5,290 BTC (~$627M) on October 2.

• Accumulation by wallets holding 10–1,000 BTC hit multi-week highs, reducing large-holder selling pressure.

Bitcoin ETF inflows $2.2B push BTC above $120,000 — analysis of BlackRock and Fidelity’s role, institutional demand, and investor implications. Read insights now.

Bitcoin ETF inflows hit $2.2B, boosting BTC price above $120K. Institutional interest and ETF products see significant growth amid “Uptober.”

• Bitcoin ETFs experienced record inflows of $2.2 billion this week, fueling the growth of institutional interest in Bitcoin.
• BlackRock’s IBIT fund led the charge, adding 3,930 BTC worth $466.5 million to its holdings.
• Bitcoin’s price surged past $120K, reflecting growing bullish sentiment driven by institutional investments and positive market trends.

Bitcoin ETF products recorded more than $2.2 billion in inflows this week, marking a significant rebound after a challenging September. This surge in investments follows a turbulent month where nearly $1 billion had been pulled out. The record-setting inflows align with a notable uptick in the price of Bitcoin, which surpassed $120,000 for the first time since August.

According to SoSoValue data, Bitcoin ETFs saw a notable rise in their weekly inflows, with the total reaching $2.2 billion. This surge in capital came after a month of fluctuations, especially in September, when the sector saw nearly $1 billion in outflows. On October 2 alone, U.S. spot ETFs added 5,290 BTC, valued at around $627 million. Leading the pack was BlackRock’s iShares Bitcoin Trust (IBIT), which purchased 3,930 BTC for $466.5 million. Additionally, Fidelity’s FBTC saw a robust $89 million in inflows.

What caused Bitcoin ETF inflows to surge to $2.2B?

Bitcoin ETF inflows rose to $2.2 billion this week primarily due to renewed institutional demand and concentrated buys by major ETF issuers. Large purchases by market leaders reduced available supply on exchanges and coincided with heightened retail accumulation during the early October “Uptober” rally.

How did BlackRock and Fidelity contribute to the inflows?

BlackRock’s IBIT led inflows by acquiring 3,930 BTC (~$466.5M). Fidelity’s FBTC added approximately $89M in the same period. Collectively, major issuers and U.S. spot ETFs added 5,290 BTC (~$627M) on October 2, according to SoSoValue. These concentrated purchases amplified upward price pressure.

The increase in Bitcoin ETF investments comes at a time of bullish momentum for Bitcoin’s price. The cryptocurrency surged past the $120,000 mark, reflecting a 10% rise. This rally is attributed to the “Uptober” effect, which has sparked significant market optimism. Supporting the upward trend, Bitcoin’s Accumulation Trend Score has hit its highest level since August, indicating that wallets with between 10 and 1,000 BTC are consistently acquiring more of the asset. The combination of strong institutional backing and a reduction in selling pressure from larger holders has played a crucial role in this price surge.

Why does institutional demand matter for Bitcoin’s price?

Institutional demand increases market liquidity on the buy side and removes BTC from available exchange supply. Institutional purchases—especially through ETFs—create durable demand because they often represent long-term exposure rather than short-term trading. This dynamic raises price support levels and can amplify rallies when combined with retail accumulation.

Frequently Asked Questions

How much did U.S. spot Bitcoin ETFs add on October 2?

U.S. spot Bitcoin ETFs added 5,290 BTC on October 2, valued at approximately $627 million, with BlackRock’s IBIT contributing roughly 3,930 BTC (~$466.5M).

Is the $2.2B inflow a long-term trend?

Current inflows reflect renewed institutional interest but do not guarantee persistence. Historical ETF flows show variability; continued accumulation by institutions and reduced selling by large wallets would be needed to sustain the trend.

Key Takeaways

• Record inflows: $2.2B lifted Bitcoin’s price above $120,000, signaling strong demand.
• Major drivers: BlackRock’s IBIT and Fidelity’s FBTC accounted for a large share of purchases.
• Investor action: Monitor ETF flow reports and accumulation metrics for early signals of sustained momentum.

Conclusion

Bitcoin ETF inflows of $2.2 billion this week, led by BlackRock and supported by Fidelity, helped push BTC past $120,000 and highlighted growing institutional conviction. Continued monitoring of ETF flows, accumulation trends, and exchange supply will be key for investors assessing the durability of this rally. For ongoing coverage and data-driven updates, follow COINOTAG reporting.