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 ￰0￱ surpassed $120,500 today with trading volume exceeding $50 billion across all markets.) October 1, 2025 BlackRock Expands Product Suite With Premium Income Strategy Additionally, BlackRock filed an application for a Bitcoin Premium Income ETF , designed as a covered-call strategy that offers a yield on Bitcoin ￰1￱ analyst Eric Balchunas noted that the firm registered the name iShares Bitcoin Premium ETF as a “ 33 Act spot product ,” positioning it as a sequel to its $87 billion ￰2￱ $12.5 trillion asset manager’s Bitcoin and Ethereum ETFs are generating more than $260 million in annual revenue , with $218 million from Bitcoin products and $42 million from ￰3￱ smaller crypto holdings, BlackRock’s total digital asset custody now exceeds $101 billion.

BlackRock’s Ethereum fund recorded $512 million in net capital inflows last week, according to Farside ￰4￱ firm disclosed $14.1 billion in digital asset inflows in its second-quarter earnings report, making the category one of its fastest-growing product lines despite representing only 1% of total assets under ￰5￱ Analysis Points to $128K Target With Consolidation Risk Bitcoin’s weekly chart displays systematic consolidation zones followed by impulsive advances throughout 2023-2025, with current positioning at $120,953 placing the crypto at the upper boundary of what analysts label “Price Discovery Uptrend 3.”