#BTC $BTC
Spot Bitcoin ETFs in the United States saw record inflows of about $999 million on September 21, 2026, the highest of its kind during the current year.
That big jump was driven by key factors that helped push the price of Bitcoin (BTC) to levels near $87,400:
📈 Core drivers behind the price surge
📊 Strong immediate demand and short covering (Short Squeeze): The sudden rise led to the liquidation of hundreds of millions of dollars from short positions, forcing traders to buy to close their positions and creating an accelerating upward wave.
💼 Massive institutional flows: Major funds such as BlackRock (IBIT) and ARK 21Shares led these flows, reflecting a strong return of confidence from institutional investors.
🌍 Total market value: This positive move contributed to bringing the total market value of the crypto market back again, approaching the $3 trillion barrier.