Bitcoin ETFs Log $3.24B Inflows as BTC Retests $124K

• U.S. Bitcoin ETFs rebound with $3.24 billion in inflows.
• BlackRock leads with $1.8B as BTC approaches $124K.

On October 4, 2025, The Block reported that U.S. spot Bitcoin ETFs experienced a strong rebound, attracting $3.24 billion in net inflows over the past week. This represents the second-largest weekly inflow since their introduction in January 2024. The inflow surge reflects the growing interest from institutional investors as Bitcoin’s prospects strengthen.

BlackRock's IBIT ETF dominated the resurgence, accounting for $1.8 billion of the total inflows. The fund's significant market share emphasizes increasing demand from large-scale investors. This uptick aligns with notable recent gains in Bitcoin’s price.

Bitcoin's price briefly touched $123,996 on Friday, marking its highest level in over six weeks. The cryptocurrency is now approaching its all-time high of $124,000, fueled by heightened market momentum. The rising inflows into spot ETFs underscore Bitcoin's status as a compelling store of value asset among institutions.

Ethereum ETFs also recorded renewed investor interest, reversing prior outflows and logging $1.3 billion in weekly net inflows. BlackRock's ETHA fund played a key role, contributing $691.7 million. This development underscores broader institutional confidence in cryptocurrency adoption beyond Bitcoin.

As of October 4, 2025, 17:11 UTC, Bitcoin (BTC) is trading at $121,860.19, reflecting a 0.86% decrease in 24-hour volume, according to the latest market data. Meanwhile, Ethereum (ETH) stands at $4,472.45, with a 1.07% dip in 24-hour volume as of 17:12 UTC.