Bitcoin ETF Inflows Surge, Signaling Rising Institutional Interest

#Bitcoin is trading around $108,018, down 2.17% in the past 24 hours, with market sentiment stuck in “Fear” (Index 29). Despite recent price weakness, U.S. spot Bitcoin ETFs saw strong net inflows — $477.19M on Oct 21 and $465.88M on Oct 22 — breaking a four-day streak of outflows. BlackRock’s IBIT led the charge with $210.9M in fresh purchases, underscoring growing institutional accumulation.

A new SEC rule allowing “in-kind” ETF share creation has made Bitcoin ETF investments more tax-efficient, helping to attract new capital. The bullish momentum is going global, with new Bitcoin ETPs launching in London, Australia, and Costa Rica.

From a technical standpoint, BTC is retesting its 200-day EMA at $108,070. Key resistance sits near $114,000 — a breakout could open the door to $115K–$118K. On the downside, losing support at $106K may send BTC toward $102K.

Bottom Line: Strong institutional inflows are a bullish sign, but caution is warranted — technical signals remain mixed.

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