Why Bitcoin ($BTC ) is Trading Around $109,000 – The ETF Inflow Boost
As of July 9, 2025, Bitcoin (BTC) is trading around $109,000, a level fueled by a surge in exchange-traded fund (ETF) inflows. So, how did this happen? The recent rally can be traced to growing institutional interest, with spot Bitcoin ETFs attracting significant capital. Major players like BlackRock and Fidelity have led the charge, channeling billions into these funds, which has bolstered demand and pushed prices higher. This follows a period of strong ETF performance, with inflows peaking at over $1 billion in some weeks, reflecting confidence in Bitcoin as a legitimate asset class.
The momentum isn’t just about money—it’s also tied to broader market dynamics. ETF inflows have coincided with strategic moves by corporations and favorable regulatory hints, creating a perfect storm for price growth. However, some analysts caution that profit-taking by long-term holders and macroeconomic shifts, like Fed policy expectations, could cap the upside. Despite this, the steady accumulation via ETFs suggests a maturing market, with Bitcoin holding firm near $109,000. Whether this trend continues depends on sustained institutional support and global economic conditions. For now, the ETF boost remains a key driver behind Bitcoin’s current valuation.