Bitcoin reached a new record price of more than $126,000 on Monday as U.S. Bitcoin exchange-traded funds (ETFs) saw huge money inflows from investors.
According to data from Farside Investor, the 11 U.S.-listed spot Bitcoin ETFs collected $1.18 billion in a single day, marking the second-largest daily inflow ever recorded.
The surge came as institutional investors poured money into Bitcoin through regulated funds, led by BlackRock’s iShares Bitcoin Trust (IBIT), which attracted nearly $1 billion in a single day.
The inflow shows strong demand across Wall Street as speculation grew that the U.S. government could soon begin buying Bitcoin directly after President Donald Trump’s approval of a national Bitcoin reserve earlier this year.
Big Investors Fuel the Bitcoin Boom
BlackRock’s iShares Bitcoin Trust led the charge with $967 million in fresh capital, pushing its total assets close to $100 billion. Fidelity’s Wise Origin Bitcoin Fund (FBTC) came next with $112 million in new inflows, followed by smaller contributions to the Bitwise Bitcoin ETF (BITB) and the Grayscale Bitcoin Mini Trust (BTC). In total, these ETFs have already drawn $3.47 billion in just the first four trading days of October.
In a recent tweet, Bloomberg analyst James Seyffart said that since their creation earlier this year, spot Bitcoin ETFs have gathered around $60 billion overall, which proves that most of the money entering the crypto market today is coming from large institutional investors rather than individual traders.
Nate Geraci, president of the ETF Store, also said that BlackRock’s IBIT is about to become one of only 18 ETFs in the world with more than $100 billion in assets. He added that the Vanguard S&P 500 ETF took over 2,000 days to reach that level, while IBIT is doing it in less than 450 days. The last time Bitcoin ETFs saw inflows this high was on November 7, 2024, right after Trump’s election victory.
U.S. Bitcoin Reserve on the Way
Meanwhile, U.S. Senator Cynthia Lummis confirmed that the Strategic Bitcoin Reserve (SBR) could begin funding “anytime.”
She said on X that while the process is still slow, Trump’s approval cleared the way for the plan to move forward. The reserve will start by using Bitcoin already held by the U.S. Treasury from seized assets and may buy more later using budget-neutral methods. Lummis praised an idea from investor Jeff Park and Bitcoin advocate Anthony Pompliano, who said Bitcoin could help reduce the nation’s $37.88 trillion debt.
