Bitcoin ETFs draw $998.95 million in biggest day since October 2025

U.S. spot Bitcoin ETFs recorded $998.95 million in inflows on Monday, their largest single-day inflow in 11 months. Bitcoin briefly rose above $87,000. SoSoValue data showed that BlackRock's IBIT led inflows with $381.4 million. Ark and 21Shares' ARKB recorded $289.1 million, and Fidelity's FBTC recorded $238.8 million. Grayscale, Bitwise and Morgan Stanley funds also recorded positive flows. Monday's total was the largest since October 6, 2025, when inflows reached $1.2 billion. Spot Ethereum ETFs recorded $269.98 million in inflows, their largest single-day inflow since October 7, 2025. CryptoQuant said on X that ETF demand was only part of the Bitcoin move. It identified nearly 12,000 BTC bought through the ETF inflow as one factor. It also cited the liquidation of $345 million in Bitcoin short positions. CryptoQuant said URPD data showed little historical trading activity between $80,000 and $85,000, allowing the price to move through that range with limited resistance. These factors pushed Bitcoin from $81,146 to $86,600, a 7% move in one day. The Coinbase Premium Gap had turned negative, suggesting that U.S. spot demand had cooled after the initial surge. The analysis said ETF flows would need to remain strong for Bitcoin to move through the $85,000 to $95,000 resistance zone. CryptoQuant analyst Ki Young Ju said on X that Bitcoin had reclaimed its 365-day moving average at $83,000. He said Bitcoin was above $84,000, a level widely watched as a boundary between the bear and bull markets. Ki Young Ju said that if the level holds, momentum traders and institutions may begin pursuing the move. Bitwise senior analyst Joe Consorti said on X that Bitcoin closing above its 50-week moving average had historically carried a 75% chance of marking the cycle low. He said the historical hit rate was 100% when the COVID-19 crash was excluded. Consorti wrote that the bear market was over and described the arrival of a bull market as tentative. Bitcoin was down 0.5% on Tuesday after Monday's 7% breakout candle. The analysis said the candle broke the descending triangle that had capped the price since early September. It described Tuesday's trading as consolidation and a retest of the breakout zone from above rather than a reversal. The Parabolic SAR stood at $76,269, below the price. The listed Bitcoin levels were $86,610 as immediate resistance and the previous day's high, and $79,334 as deeper support and the Bollinger basis.