Bitcoin (BTC) Spot ETF Sees $999 Million Surge... Eyes Breaking $90,000

▲ Bitcoin (BTC)

Nearly $1 billion flowed into US Bitcoin (Bitcoin, BTC) spot ETFs in a single day, marking the largest inflow in approximately a year. As institutional demand reignites, expectations for breaking the $90,000 mark are rising.

According to virtual asset specialized media CoinGape on September 22 (local time), a net inflow of $999 million was recorded in the US Bitcoin spot ETF market on September 21. This is the largest single-day inflow since October 2025. According to financial data platform SoSoValue, BlackRock's IBIT alone saw an inflow of $381 million, leading the market.

Ethereum spot ETFs also recorded a net inflow of $270 million in a single day. This is the strongest daily inflow since October 7, 2025. With $110 million flowing into BlackRock's ETHA, aggressive buying by institutional funds was confirmed across both major virtual assets.

Explosive institutional buying drove price increases. Bitcoin briefly surpassed $87,300 during intraday trading, setting a new multi-month high. Upward pressure intensified, coupled with the liquidation of short positions in the derivatives market. On-chain analysts like CryptoQuant emphasized that Bitcoin has crossed its 365-day moving average, diagnosing its entry into a full-fledged bull market trajectory.

Amidst short-term volatility, the breakthrough of the psychological threshold of $90,000 has emerged as a matter of keen interest. If large-scale inflows continue, optimism is spreading that it could break the $90,000 resistance and target $100,000. However, given the possibility of short-term profit-taking, the defense of the $85,000 support level is considered a key variable in determining the short-term trend.

[Article Key Summary]

-A net inflow of $999 million into US Bitcoin (BTC) spot ETFs in a single day, marking the largest since October 2025.

-BlackRock's IBIT saw $381 million in inflows, and Ethereum spot ETFs also recorded a net inflow of $270 million.

-Driven by institutional buying, Bitcoin touched $87,300, and is now testing the $90,000 mark.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*