Spot Bitcoin ETFs in the U.S. have recorded their strongest inflows in nearly three months, showing a new wave of institutional interest while Bitcoin was trading near all-time highs.
According to data from Farside Investors, Bitcoin ETFs attracted $1.19 billion in net inflows on Monday, the highest total in a single day since July 10, when inflows reached $1.18 billion.
BlackRock's iShares Bitcoin Trust (IBIT) dominated the surge, accounting for over 81% of total inflows with $970 million added in a single day. Fidelity's Wise Origin Bitcoin Fund (FBTC) followed with $112.3 million, while Bitwise's BITB recorded $60.1 million.
BlackRock's IBIT leads record inflows of $6B into cryptocurrency ETFs.
The renewed appetite for Bitcoin exposure coincides with a significant milestone for BlackRock's IBIT, which has now surpassed some of the firm's traditional funds to become its highest revenue-generating ETF.
Bloomberg ETF analyst Eric Balchunas noted that the IBIT is now "one step away from $100 billion" in assets under management (AUM), just 21 months after its launch.
$IBIT one step away from $100 billion, now the most profitable ETF for BlackRock by a good amount based on current AUM. Check the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx
— Eric Balchunas (@EricBalchunas) October 6, 2025
The fund currently manages $98.47 billion across 1.38 billion shares with a 0.25% fee, generating approximately $244 million in annual revenue for the world's largest asset manager.
Monday's inflows also capped a record week for Bitcoin-linked investment products. CoinShares data showed that digital asset funds worldwide attracted $5.95 billion last week, the largest weekly inflow on record.
Bitcoin accounted for $3.55 billion of that figure, while Ethereum saw $1.48 billion, followed by Solana and XRP with $706.5 million and $219.4 million, respectively.
Bitcoin itself has been trading just below all-time highs, hovering around $124,500 on Tuesday after briefly crossing $126,000 earlier in the week. The latest surge came as institutional traders joined over the weekend, pushing Bitcoin above $125,000 for the first time since August.
October has historically been one of the strongest months for Bitcoin, and the token has already risen more than 10% since the beginning of the month.
SoSoValue data shows that as of October 6, cumulative net inflows into Bitcoin ETFs in the U.S. reached $61.26 billion, with total assets under management now at $169.54 billion, representing approximately 6.8% of Bitcoin's total market capitalization.
Meanwhile, Ethereum ETFs have also benefited from the broader recovery in cryptocurrencies. As of October 6, they recorded $181.7 million in daily inflows and $14.6 billion in cumulative inflows, with total net assets now at $32 billion, approximately 5.6% of Ethereum's market capitalization.
Bitcoin faces short-term correction after a record rally, analysts watch key support levels.
Bitcoin fell 4.2% on Tuesday to around $122,000 after reaching an all-time high of $126,219 the previous day, halting a 12.5% increase over a week. Although the pullback raised concerns of a deeper correction, derivative data and institutional flows suggest that the broader upward trend remains intact.
Monthly Bitcoin futures continue to trade with an annualized premium of 8% over spot prices, a level that reflects ongoing optimism with no signs of speculative overheating. Analysts say this moderation helps mitigate the risk of liquidation if prices fall further.
The rally that began after Bitcoin's test of $109,000 at the end of September appears to be supported by genuine inflows, with bulls defending the $120,000 zone.
Exchange data reinforces that narrative. Glassnode reports that Bitcoin balances on trading platforms have fallen to a five-year low of 2.38 million BTC, down from 2.99 million a month ago, indicating ongoing accumulation.
The firm also identifies strong support near $117,000, where approximately 190,000 BTC changed hands last.
Open interest in Bitcoin futures stands at $72 billion, slightly lower on the day but still showing deep market participation. Meanwhile, VanEck analysts project that Bitcoin could eventually capture half of gold's market capitalization, potentially reaching $644,000 per coin.
Technically, Bitcoin is testing key support near its 200-day exponential moving average around $122,900. Analyst Ted Pillow noted that momentum has weakened after failing to hold above $125,000.
As mentioned yesterday, $BTC is losing momentum.
Bitcoin is testing key support around the 200 EMA (~$122,900).
Showing a weakening of short-term momentum after failing to hold recent highs.
A bounce above $125,500 would restore bullish momentum.
A close below $122,900 could trigger a… https://t.co/loOr8Tulm7
A close below $122,900 could trigger a pullback towards $121,000, while a bounce above $125,500 would restore bullish momentum.
Short-term charts show Bitcoin consolidating between a zone of sellers at $123,000–$125,000 and a strong zone of buyers near $112,000–$114,000. Multiple rejections around the upper band suggest short-term exhaustion, although the broader structure remains bullish.
Market analysts say a correction towards $118,000 would be a "healthy pullback" within Bitcoin's broader bullish trend, a phase that could reset leverage and prepare the market for another upward stage.
The post Bitcoin ETFs Smash $1.19B Inflows Since July as BlackRock Leads — But Is a Correction Coming? first appeared on Cryptonews.
