Particle.news
Download on the App Store
55 ARTICLES
·
1h ago

Bitcoin Reclaims Two-Month High on Biggest U.S. ETF Inflows Since October

Cooler U.S. inflation sparked a risk-on bid that triggered large short liquidations and lifted betting markets’ odds of a six‑figure test.

Image
Bitcoin hits $97K as spot buyers regain control
Bitcoin's price has surged in the past week.
(Source: BitcoinCounterflow)

Overview

  • U.S. spot Bitcoin ETFs took in about $753–$754 million on Tuesday, led by Fidelity’s FBTC (~$351 million), Bitwise’s BITB (~$159 million) and BlackRock’s IBIT (~$126 million), the strongest daily haul since October.
  • Bitcoin traded near $97,000 after touching an intraday high around $97,700, its highest level since mid‑November, as Ethereum, Solana and XRP also advanced.
  • Derivatives markets saw roughly $780 million in 24‑hour liquidations, with $680–$700 million from shorts and up to ~$290–$382 million tied to Bitcoin positions, according to CoinGlass.
  • On‑chain trackers flagged transfers linked to BlackRock ETF activity of about 3,290 BTC and 5,692 ETH to Coinbase Prime, consistent with creation and redemption mechanics rather than outright spot selling.
  • Prediction markets now give a materially higher chance of a $100,000 print this month, though analysts caution the move depends on sustained ETF inflows and a supportive macro and policy backdrop.