Bitcoin ETF Inflows Top $999M as BTC Tests $87K
What happened: Bitcoin surged past $86,500 on September 22, trading near $85,420 at publication time, buoyed by spot ETF inflows of $999 million on Monday and $715 million on Tuesday.
What happened: Bitcoin surged past $86,500 on September 22, trading near $85,420 at publication time, buoyed by spot ETF inflows of $999 million on Monday and $715 million on Tuesday. These are the largest inflows since October 2025 and rank among the top ten since ETF launch. Ethereum and Solana ETFs also attracted $162 million and $29 million, respectively. The rally coincided with a drop in oil prices after reports that Iran may reopen the Strait of Hormuz if U.S. pressure eases. Several altcoins hit new all-time highs, and CME announced upcoming Bitcoin Cash and Uniswap futures.
Why it matters: The sharp ETF inflows signal renewed institutional appetite for Bitcoin, reversing a bearish trend seen earlier in September. The market response remains sensitive to geopolitical developments, with the Iran-Hormuz situation directly impacting risk appetite. The expansion of crypto derivatives on CME and new altcoin highs reflect broadening market participation, but the rally’s durability depends on continued de-escalation and sustained inflows.
Source: Decrypt