Crypto
Wall Street Just Had Its Biggest Bitcoin Buying Day in 11 Months
Monday was a record day for the bitcoin ETF complex. US spot bitcoin ETFs pulled in 998.95 million dollars in net inflows, the largest single day total since October 6, 2025, when the funds took in 1.2 billion dollars. BlackRock's IBIT led with 381.4 million, followed by Ark and 21Shares' ARKB at 289.1 million and Fidelity's FBTC at 238.8 million, with Grayscale, Bitwise, and Morgan Stanley also posting positive flows.
Ethereum joined the party. Spot ether ETFs drew 269.98 million dollars on Monday, their largest single day inflow since October 7, 2025. Bitcoin traded up 4.7 percent over 24 hours to 85,400 dollars as of 3 a.m. ET Tuesday, after touching about 87,300 dollars on Monday, its highest level since January 2026. Ether added 2.5 percent to 2,730 dollars.
The shorts supplied the fireworks. Crypto liquidations hit 1.06 billion dollars over 24 hours, including 844 million dollars in short positions, as bitcoin cleared the 82,000 dollar level that had capped the market. ViaBTC chief analyst Jeff Ko called it a technical breakout that likely pulled systematic strategies back in.
Analysts read the tape as institutional conviction returning. Presto Research's Min Jung pointed to renewed buying appetite, strong spot ETF demand, and short covering after bitcoin broke key technical levels, adding that unusually large inflows signal renewed institutional demand. Zeus Research analyst Dominick John said the move above 85,000 dollars points to a broader revaluation, built on renewed institutional allocation, short covering, and a more supportive macro backdrop.
The macro calendar is doing its part. BTSE chief operating officer Jeff Mei tied the rally to lower oil prices, eased Treasury yields, and this week's expected meeting between Trump and Xi, which could shape AI, trade, and the Iran question. Traders now watch whether bitcoin holds above 85,000 and ether above 2,700, with continued ETF inflows as the demand signal.
The scale of the machine keeps growing. Cumulative inflows into spot bitcoin ETFs pushed past 55 billion dollars after a 433 million dollar day on September 18, and the total crypto market capitalization now sits near 2.97 trillion dollars. Bitcoin cleared the 82,000 dollar level that had capped the market earlier, a breakout that pulled systematic strategies back in, according to ViaBTC's Jeff Ko. When the largest single day of ETF buying in 11 months meets a market positioned short, the result is the kind of candle Monday printed.
For you, the read is simple. The biggest day of Wall Street bitcoin buying in nearly a year says institutions are allocating again, and the squeeze says the bears are paying for it. Momentum this broad tends to feed on itself while the inflows keep coming.
Quick answers
What is this story about?
Monday was a record day for the bitcoin ETF complex. US spot bitcoin ETFs pulled in 998.95 million dollars in net inflows, the largest single day total since October 6, 2025, when the funds took in 1.2 billion dollars. BlackRock's IBIT led with 381.4 million, followed by Ark and 21Shares' ARKB at 289.1 million and Fidelity's FBTC at 238.8 million, with Grayscale, Bitwise, and Morgan Stanley also posting positive flows.
Why does this story matter?
For you, the read is simple. The biggest day of Wall Street bitcoin buying in nearly a year says institutions are allocating again, and the squeeze says the bears are paying for it. Momentum this broad tends to feed on itself while the inflows keep coming.
Sources
- The Block: spot bitcoin ETFs attract nearly $1 billion in largest daily inflow in 11 months
- Pluang: Bitcoin surges to $87K on short squeeze and ETF inflows
- Finnhub: Bitcoin market data
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