Crypto

Bitcoin ETF Demand and On-Chain Momentum Point to $100K Breakout

Guavy AI Editorial Team Published September 23, 2026

Instruments

BTC

Bitcoin's recent surge to $87,000 has brought the cryptocurrency back into focus as market sentiment shifts in favor of bulls.

The rally is supported by strong institutional demand, technicals, and on-chain data turning bullish. A key indicator is the sharp rebound in spot ETF demand, with US spot Bitcoin ETFs recording nearly $998.95 million on September 21, the strongest single-day inflow since October 2025.

BlackRock's IBIT led Monday's inflows with about $381.4 million, while ARKB and Fidelity's FBTC also attracted substantial capital. This suggests renewed institutional demand is arriving as BTC pushes through key resistance levels.

The Wire

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