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Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

Spot Bitcoin ETF trading volume surpassed 5billiononOctober1asthecryptocurrencybrokethrough5 billion on October 1 as the cryptocurrency broke through 120,000, posting a 10% weekly gain from late September lows around 109,000.Institutionalinvestorsdrovetherallywith109,000. Institutional investors drove the rally with 676 million in net inflows on October 1, with BlackRock’s iShares Bitcoin Trust recording 405millionandFidelityacquiring1,570BTCvaluedat405 million and Fidelity acquiring 1,570 BTC valued at 179 million in a single day. Bitcoin surpassed 120,500todaywithtradingvolumeexceeding120,500 today with trading volume exceeding 50 billion across all markets. Source: Tr ...