Bitcoin ETFs Post $477M Inflow, $20M Gain as BTC Eyes $115K

Published: 2025-10-24 08:24:52 |

Spot Bitcoin ETFs posted a $477.2 million net inflow on October 21, reversing four days of withdrawals and lifting trading volume to $7.41 billion. After a brief outflow, ETFs returned to net inflows of $20.3 million on October 23, led by BlackRock’s IBIT ($107.8 M), Bitwise’s BITB ($17.4 M) and Fidelity’s FBTC ($7.2 M), offsetting redemptions from Grayscale’s GBTC and Ark’s ARKB. Meanwhile, spot Ethereum ETFs attracted $141.6 million on October 21 but saw $127.5 million in outflows on October 23, extending a week-long retreat. Bitcoin rebounded above $110,000 to $111,200 and hit a weekly high of $113,940. A break above $112,000 could pave the way to $115,800, supported by a rising RSI, while failure to hold $110,000 may test support at $105,000 and $100,000. Sustained ETF inflows and trading volume will be critical to confirming a bullish breakout.

Bullish

Large spot Bitcoin ETF inflows—$477.2 million on October 21 and a further $20.3 million on October 23—combined with rising trading volume and positive RSI momentum, point to bullish sentiment among institutional investors. The rebound above key levels ($110,000 and $112,000) and targets near $115,800 reinforce short-term upside potential. While Ethereum ETFs saw outflows, this had limited impact on Bitcoin’s outlook. Continued ETF inflows and volume are likely to drive a sustained bullish breakout in both the short and longer term.