Bitcoin ETF Inflows Surge $90.6M—Dubai BTC Adoption Sparks Rally

CN
4 hours ago

Bitcoin ETF Inflows Rise: Will Dubai BTC Adoption Push Price Higher?

Dubai has made history by becoming the first government in the Middle East to accept BTC and other cryptocurrencies for some payments, according to crypto analyst Vivek Sen .

Dubai BTC Adoption in Middle East

This middle east crypto news shows how the Gulf city wants to be a leader in blockchain and crypto innovation. What makes this even more exciting is that this decision comes just as Bitcoin ETF inflows recorded a high surge with not even a single institutional outflow.

Why Does Bitcoin ETF Inflows $90.6 Million Matters?

According to Soso Value BTC data , on October 24, spot ETF inflows saw $90.6 million in influx and no outflows from any of the twelve funds. This means all the major institutions gained investment on the same day — a very bullish sign.

Bitcoin ETF Inflows

Here’s the breakdown:

  • Fidelity (FBTC): +$57.92M

  • BlackRock (IBIT): +$32.68M

  • Grayscale (GBTC): 0 inflows

These capital influx show that large investors are buying the asset again after a quiet and crash phase. The latest BTC ETF news suggests confidence is returning, especially with Dubai adopting crypto king.

Will Dubai BTC Adoption Fuel More Capital Influx?

The UAE’s government decision to accept crypto king and other cryptocurrencies could help increase Bitcoin ETF inflows even more . When a major government supports the asset, it sends a strong message to global investors that cryptocurrency is becoming a trusted part of the financial system.

It can encourage big investment funds and companies to put more money into btc spot ETF inflows because the risk seems lower. In simple terms, Dubai BTC adoption may help boost bitcoin price surge and exchange traded funds. This cycle could fuel the 2025 bull run very soon

Why Is Bitcoin Price Going Up Today? Global and Policy Reasons

Dubai bitcoin news is not only the fire behind asset’s price surge. Globally, U.S. inflation is down to 3.0%, and chances of Federal Reserve rate cuts in 2025 are now over 85%. When rates fall, investors often move money from banks to higher-return assets. This global setup, combined with positive capital funds and new policy setup, creates a perfect environment for growth.

Price Analysis: Calm Now, But Big Move Ahead

In the last 24 hours, data from Coinglass shows 109,390 traders were liquidated, worth about $133.13 million. The biggest single liquidation was a $926K BTCUSDT order on Bybit.

Bitcoin Price Surge

Still, price surged around 1% in the last 24 hours, currently standing at $111,590, moving between $108K–$112K.

Here’s what the TradingView price charts say:

  • RSI (60.07): Slightly bullish — still room to go up

  • MACD: Shows positive momentum

  • Support levels: $108,000

  • Resistance levels: $115,000

If the token breaks above $115K, it could hit $125,000 fueling the massive run. But even if it pulls back near $110K, listed funds investors are likely to buy again, keeping prices strong.

Conclusion

Dubai BTC adoptions and strong Bitcoin ETF inflows are part of the same story — global trust in crypto king is growing. UAE adds policy strength, while Wall Street adds financial power.

This East-West combination could mark the start of a new phase; one where governments and big investors both push the market forward. If this continues, the next crypto bull run won’t just come from retail traders.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink