BTC Surges Past $91K After Vanguard Restores Bitcoin ETF Access — Eyes on $100K

Published: 2025-12-02 20:45:57 |

Bitcoin (BTC) rallied above $91,000 after Vanguard reinstated access to spot Bitcoin ETFs for some clients, removing a broker-imposed restriction that had limited inflows. The move coincided with renewed buying pressure from retail and institutional participants and follow-through momentum that pushed BTC toward the $100,000 psychological level. Market commentary highlights ETF-related inflows, improved accessibility via major asset managers, and a backdrop of macro stability as drivers. Key metrics cited: BTC price breach of $91K and renewed ETF subscription activity; traders are monitoring volume, open interest on derivatives, and spot ETF flows for confirmation. Risks noted include potential profit-taking near $100K, elevated volatility in options expiries, and regulatory or platform access reversals that could quickly dampen momentum.

Bullish

Restoration of Vanguard clients’ access to spot Bitcoin ETFs directly improves on-ramp accessibility and can materially increase capital inflows into BTC. Historically, announcements that broaden ETF accessibility or show sustained ETF subscriptions (e.g., early 2024 institutional ETF inflows) have correlated with multi-week price strength and higher realized volatility as bulls chase breakouts. The immediate breach of $91K suggests strong short-term demand; monitoring of ETF daily flows, on-chain exchange flows, derivatives open interest, and liquidity around $100K is essential. Short-term impact: bullish — likely higher volatility and potential quick extensions toward $100K driven by FOMO and ETF flows, but with risk of sharp pullbacks on profit-taking or option expiries. Long-term impact: moderately bullish if ETF inflows are sustained and access remains open, as persistent demand from asset managers can underpin higher price floors. Conversely, a reversal in access or negative regulatory headlines could flip sentiment quickly to neutral or bearish, as seen in past access restrictions or negative ETF rulings.