$100,000 worth of Bitcoin is determined by fixed BTC ETF income weeks
Bitcoin's (BTC) rally above $97,000 has been supported by rising Bitcoin ETFs entering the space, and one analyst says demand should continue for BTC to break the $100,000 barrier.
Main Receptors:
US spot Bitcoin ETFs recorded $1.8 billion in weekly net inflows, the strongest since early October 2025.
Total net assets under spot ETFs remain 24% below Q4 2025 peak.
Long-term supply-demand dynamics continue to benefit ETFs as access to institutional investors is expected to expand through 2026.
Bitcoin ETFs are only one part of the picture.
US spot Bitcoin ETFs recorded net inflows of $1.8 billion this week, marking the largest weekly inflow since the first week of October 2025. The move comes as BTC tests resistance near the $98,000 level, indicating renewed institutional interest.
Despite the rebound, the ETF's position is below previous highs. Overall, total net assets under management of US spot Bitcoin ETFs rose to $164.5 billion in Q4 2025, but are currently around $125 billion. This represents a decrease of about 24%, highlighting that recent inflows have partially offset earlier inflows.
According to the Bitcoin macro intelligence newsletter Econometrics, short ETF flows have frequently caused short-term price spikes, which then fade.
“Bitcoin doesn't need a few good days. It needs a few good weeks,” the paper said, noting that cumulative ETF flows remain in deep decline. A handful of positive sessions are recorded during long-term trading. Until a set of flows develops in several weeks, demonstrations are more likely to stabilize prices than to restart sustained growth.
RELATED: Bitcoin Well Accounts Will See 21% Growth After 2023 Explodes After Fast Selloff
BTC's supply-demand imbalance will benefit ETFs in the long run
From a structural perspective, demand for spot ETFs continues to outpace the new supply of Bitcoin. According to Bitwise, US Bitcoin ETFs have bought approximately 710,777 BTC since its launch in January 2024, while the network produced 363,047 BTC during the same period. Since then, the price of Bitcoin has increased by 94%, indicating an imbalance.
Looking ahead, new supply is relatively predictable and demand is likely to expand further as institutional investors' access to Bitcoin expands. In particular, 2026 is likely to be the year when most institutional managers continue to acquire crypto ETFs widely, as Bitwise predicts.
As institutional demand accelerates, ETFs buy more than 100% of the new supply of bitcoin.
In the year By 2025, Bitwise predicts that BTC will go into companies building treasuries, sovereign wealth funds, ETFs, and nation states, which could reach $300 billion by 2026.
The firm noted that its US spot bitcoin ETFs attracted $36.2 billion in net income in its first year, a much faster rate than the SPDR Gold Shares did in its initial growth phase, reaching $125 billion in AUM.
Related: Bitcoin traders predict ‘strong run' as classic chart hits $113K
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision. While we strive to provide accurate and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from reliance on this information.
