Bitcoin Strengthens on Strong ETF Inflows Ahead of Uptober

• • Bitcoin strengthens on strong US spot ETF inflows heading into the "Uptober" period.
• • BTC is up 2-3.5% in 24 hours, holding around 61% market dominance.

Bitcoin is rising amid strong inflows into US spot Bitcoin ETFs, with September data recording $2.65 billion in inflows, the second-largest month on record. Recent data also shows US Bitcoin ETFs turning net positive for 2026 after an earlier period of outflows, signaling a recovery in institutional interest heading into the historically strong "Uptober" period. BTC is up roughly 2-3.5% over the past 24 hours, maintaining around 61% dominance of total crypto market capitalization.

Despite positive near-term sentiment, Bitcoin remains exposed to macro volatility such as shifting Fed rate expectations and sudden ETF outflows. As the dominant market asset, sharp BTC moves can also trigger broad volatility across the wider crypto market.