Paul Atkins

Bitcoin

<p>U.S. spot Bitcoin exchange-traded funds recorded their fifth straight day of inflows today as BTC recovered to nearly $94,000, its highest level in nearly two weeks.</p>
<div id="cn-block-summary-block_01d4ee3c2054801cb6f8bfb0c98ad887" class="cn-block-summary">
 <div class="cn-block-summary__nav tabs">
  <span>Summary</span>
 </div>
 <div class="cn-block-summary__content">
  <ul>
   <li>U.S. spot Bitcoin ETFs have drawn in $288 million over the past 5 trading sessions.</li>
   <li>BlackRock’s IBIT led the inflows with over $120 million flowing in on Tuesday.</li>
   <li>Analysts expect more upside for BTC over the coming weeks.</li>
  </ul>
 </div>
</div>
<p>According to <a href="https://sosovalue.com/assets/etf/us-btc-spot" rel="noopener noreferrer nofollow">data</a> from SoSoValue, the 12 spot Bitcoin ETFs logged $58.5 million in net inflows on Dec. 2, led by BlackRock’s IBIT, which drew in $120.1 million, while Fidelity’s FBTC and Biwise’s BITB followed with more modest inflows of $21.8 million and $7.4 million, respectively. ARK 21Shares’ ARKB managed to offset a part of these inflows with an outflow of $90.4 million. The remaining BTC ETFs saw zero flows on the day.</p>
<p>Today’s inflows mark the fifth straight session of renewed demand, lifting total additions over this stretch to $288 million. It also comes after four weeks of outflows that had drawn nearly $4.5 billion from the funds.</p>
<p>The renewed demand from institutional investors came after the latest U.S. data showed softer inflation and a cooling labor market, which boosted expectations of another Federal Reserve rate cut in December. Several key Fed officials, including New York Fed President John Williams and Fed Governor Christopher Waller, have also recently shown support for a December cut.</p>
<p>You might also like: <a href="https://crypto.news/crypto-prices-today-december-3-btc-sui-pengu-hype-2025/" rel="noopener noreferrer nofollow"> Crypto prices today (Dec. 3): BTC regains 93K, SUI, PENGU, HYPE surge amid market recovery </a></p>
<p>At press time, Polymarket <a href="https://polymarket.com/dashboards/fed-rates" rel="noopener noreferrer nofollow">data</a> shows that the odds of a Fed rate cut during the Dec.15-16 meeting stand at 93%, up from 50% in late November. Cryptocurrencies and their related ETFs typically perform well when markets price in lower interest rates and when broader risk appetite improves.</p>
<p>This week, fresh bullish headlines have further lifted macro sentiment across markets. On Monday, investment giant Vanguard <a href="https://crypto.news/crypto-prices-today-december-3-btc-sui-pengu-hype-2025/" rel="noopener noreferrer nofollow">announced</a> that it would begin offering crypto ETFs and mutual funds to its vast retail user base. Shortly after, U.S. SEC Chairman Paul Atkins confirmed that the long-awaited “innovation exemption” framework tailored for digital asset firms is in development and expected to be finalized by 2026.</p>
<p>As risk sentiment slowly returns, supported by these bullish catalysts, it could once again encourage sidelined institutional capital to re-enter the crypto market, adding further momentum to Bitcoin’s recent recovery.</p>
<h1 class="wp-block-heading" id="bitcoin-recovers-back-above-93-000">Bitcoin recovers back above $93,000</h1>
<p>Over the past 24 hours, Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) crossed above $93k to an intraday high of $93,929, its highest level recorded in over two weeks and 11.4% higher than its low during its crash on Dec. 1. At press time, the bellwether was exchanging hands at $93,558, down 25.8% from its all-time high of 126,080 reached in October.</p>
<p>Some market experts believe that Bitcoin may be due for more upside going into the holiday season.</p>
<p>In a Dec. 2 X <a href="https://x.com/wacy_time1/status/1995885014379364549" rel="noopener noreferrer nofollow">post</a>, well-followed analyst Alex Wacy highlighted a potential double bottom pattern forming on the 4-hour chart and speculated that a strong rebound above $100,000 could be on the horizon.</p>
<p>“They tried to shake you out. They failed. Manipulation’s over. Now we send it back to $100,000+,” Wacy wrote alongside the chart.</p>
<p>Fellow analyst Gert van Lagen also presented a short-term bull case scenario. In his latest post, the analyst noted that Bitcoin’s monthly Bollinger Band Width had dipped below 100 and flashed a green signal that has historically preceded a sharp upward breakout.</p>
<p>“Historically, every time this triggers, Bitcoin follows with a direct parabolic leg up,” the analyst <a href="https://x.com/GertvanLagen/status/1995955586610200931" rel="noopener noreferrer nofollow">wrote</a>.</p>
<p>Read more: <a href="https://crypto.news/cme-unveils-bitcoin-ether-solana-xrp-pricing-and-vol-indices/" rel="noopener noreferrer nofollow"> CME unveils Bitcoin, Ether, Solana, XRP pricing and vol indices </a></p>
<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>

Bitcoin ETFs hit 5-day inflow streak as price climbs back above $93k

Table of Contents

crypto.news

Other articles published on Dec 3, 2025

Join our free newsletter for daily crypto updates!