Overview

• Bitcoin climbed above $116,000 on Wednesday, lifting total crypto market value to roughly $4 trillion and drawing focus to resistance near $118,000.
• U.S. spot Bitcoin ETFs took in about $429.9 million on Sept. 30, per SoSoValue, while spot Ether funds also saw sizable inflows reported in the hundreds of millions.
• Corporate balance sheets are expanding crypto holdings, with BitMine disclosing 2.65 million ETH (about $11.6 billion) and Arkham tracking Tether’s Q3 purchase of roughly 8,888 BTC.
• September’s whale and long‑term holder exchange flows created volatility, yet buyers defended support around $108,000 and roughly $60 million in shorts were wiped during today’s London session.
• Traders are watching Friday’s U.S. jobs report and Fed signals for rate‑cut cues, as attention also turns to new ETF products — including the first U.S. ETH ETF with staking features — and approaching altcoin ETF deadlines that could influence sentiment.