
Bitcoin surged 24% in a month driven by $6.8 billion inflows into U.S. spot Bitcoin ETFs over six weeks, mainly through the iShares Bitcoin Trust ETF. This ETF inflow mechanically increased Bitcoin demand by requiring actual Bitcoin deliveries, supporting prices despite weak macro conditions. However, the rally stalled as inflows paused in the seventh week, causing Bitcoin and the ETF to dip. The future rally depends on continued ETF inflows; a reversal to outflows could trigger a sell-off and end the current momentum.
The iShares Bitcoin Trust ETF, a key player in the recent $6.8 billion inflows into crypto ETFs, is currently priced at USD 43.23 on Pluang, down 3.38% as of Sep 15, 2026 22:41 WIB. This dip follows a pause in inflows after six weeks of strong demand that boosted Bitcoin prices. The ETF's recent decline highlights the sensitivity of crypto markets to ETF flow dynamics at this moment.