Bitcoin Could Extend Gains After New All-Time High as ETF Inflows and Supply Shortage Persist

Bitcoin hit a new all-time high above $125,200 as heavy spot-ETF inflows and a shrinking exchange supply created a sharp demand-to-supply imbalance, driving institutional accumulation and lifting market capitalization to roughly $2.49 trillion in early October ￰0￱ inflows: $3.24B this week, largest since January 2025 Exchange reserves fell to ~2.83M BTC, the lowest since 2019 (Glassnode). Market technicals show bullish momentum: 7‑day SMA $117,800; 200‑day EMA $105,511; RSI ~69. Bitcoin all-time high: Bitcoin rises above $125,200 on ETF inflows and low exchange supply — read key drivers and next ￰1￱ informed with ￰2￱ caused Bitcoin to hit a new all-time high?

Bitcoin hitting a new all-time high was driven by accelerated institutional demand via spot ETFs and a marked reduction in exchange liquid ￰3￱ recorded $3.24 billion in weekly inflows while centralized exchange balances fell to multi-year lows, creating a strong demand-to-supply imbalance and upward price ￰4￱ did ETF inflows fuel the breakout? ￰5￱ Bitcoin ETFs recorded $3.24 billion in inflows this week, led by large single-day purchases (for example, BlackRock’s iShares Bitcoin Trust absorbed ~$524 million in one day). ETFs are acquiring roughly 8,200 BTC per day while miner issuance remains near 450 BTC daily, creating an estimated 20:1 demand-to-supply ￰6￱ sustained accumulation mirrors conditions seen in late 2020 when institutional capital first entered the market at scale, and it increases the probability of extended bullish momentum if inflows ￰7￱ is exchange supply important and what does data show?

Exchange supply is a proxy for available liquid Bitcoin. Glassnode-style on-chain metrics show centralized exchange balances down to approximately 2.83 million BTC—the lowest since ￰8￱ the past two weeks, withdrawals equivalent to more than $14 billion were observed, indicating growing scarcity on venues that facilitate quick ￰9￱ custodians and long-term holders withdrawing coins reduces available float and can amplify price moves when inflows continue to outpace new ￰10￱ do technical indicators say about the trend? Chart indicators confirm bullish strength while not yet signalling extreme overbought ￰11￱ reclaimed major averages: 7‑day SMA near $117,800 and 200‑day EMA at $105,511 acting as ￰12￱ histogram at +1,127 and RSI around 69.2 indicate momentum remains healthy with short-term resistance near $128,000 and a Fibonacci extension target around $139,000 if momentum continues. , "description": "Bitcoin surged above $125,200 as spot-ETF inflows and falling exchange reserves created a steep demand-to-supply imbalance, lifting market cap to roughly $2.49 trillion.", "mainEntityOfPage": Frequently Asked Questions How much did ETFs buy this week? ￰13￱ Bitcoin ETFs recorded approximately $3.24 billion in inflows this week, led by sizable single-day purchases that accelerated institutional accumulation (data referenced from public ETF flow reports).

Is the supply shortage real and measurable? ￰14￱ exchange balances have declined to roughly 2.83 million BTC, the lowest level since 2019, according to on-chain exchange balance ￰15￱ reduced liquid supply increases scarcity risk if demand remains elevated. , How to interpret ETF-driven rallies? Follow these steps to assess the sustainability of ETF-driven rallies: Monitor weekly ETF net flows to gauge institutional ￰16￱ centralized exchange balances for shifts in liquid ￰17￱ technical support levels (7‑day SMA, 200‑day EMA) and momentum indicators (MACD, RSI). Compare miner issuance to ETF acquisition rates to assess demand-to-supply imbalance. , Key Takeaways ETF demand : Institutional spot-ETF inflows (≈$3.24B this week) are a primary driver of the ￰18￱ shortage : Centralized exchange reserves dropped to ~2.83M BTC, increasing scarcity and potential ￰19￱ outlook : Support at $105k–$118k with short-term resistance near $128k; extension targets toward $139k if momentum ￰20￱ Bitcoin’s new all-time high above $125,200 reflects a convergence of strong institutional ETF inflows and a measurable decrease in exchange liquid ￰21￱ from market flow reports and on-chain metrics suggest the rally is backed by real demand rather than pure ￰22￱ ETF flows, exchange balances, and technical support to gauge the next leg of price ￰23￱ will continue to report updates and data-driven analysis.

Published: 5 October 2025 | 08:44 — Reporter: Kosta Gushterov — Organization: COINOTAG Data references: CoinMarketCap (market cap and price), Glassnode (exchange balances), ETF flow reports (weekly inflows).