
Bitcoin Tops $86K on Strong ETF Inflows as 3x Crypto Products Win Approval
- —BTC gained 3.6% on the week and 2.2% on the day to $86,682
- —US spot Bitcoin ETFs saw roughly $2.65 billion in September inflows
- —BlackRock's IBIT led with $1.81 billion, Fidelity's FBTC added $682 million
- —QCP Capital sees resistance at $87,400 and support at $82,500
Why it matters: Approval of 3x products widens regulated leverage on Bitcoin and Ether, while steady ETF inflows confirm institutional demand.
Source: Crypto News Australia