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Bitcoin trades above $69,000 as ETF inflows hit record US$8 billion
Bitcoin rose above $69,000 as record US$8 billion ETF inflows boosted institutional demand and confidence ahead of potential Fed rate cuts.
Bitcoin prices climbed to $69,420 on 9 November 2025 after U.S. spot ETF inflows reached a weekly record of US$8 billion, according to CoinShares data. The inflows came amid renewed investor confidence and expectations of a Federal Reserve rate cut early 2026. Institutional demand from pension funds and asset managers led the surge. Analysts said bitcoin’s resilience above $68,000 confirms strong support, though volatility may rise ahead of the 2026 halving. Ethereum followed higher, gaining 3% to $3,480. Total crypto market capitalization neared US$2.9 trillion, its highest since April 2022.