Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

Spot Bitcoin ETF trading volume surpassed $5 billion on October 1 as the cryptocurrency broke through $120,000, posting a 10% weekly gain from late September lows around $109,000. Institutional investors drove the rally with $676 million in net inflows on October 1, with BlackRock’s iShares Bitcoin Trust recording $405 million and Fidelity acquiring 1,570 BTC valued at $179 million in a single day. Bitcoin surpassed $120,500 today with trading volume exceeding $50 billion across all markets. Source: Tr ...