Bitcoin Posts Best Quarter Since 2024 as ETF Inflows Reach $6.34 Billion

Bitcoin ended the third quarter with its strongest quarterly performance since the final three months of 2024, as renewed demand for US spot exchange-traded funds helped it recover from its yearly low.

The cryptocurrency gained nearly 43%, rising from $58,562 at the start of July to $83,621 by the end of September, according to CoinMarketCap.

Despite the rebound, it remained 33.7% below its all-time high of $126,198, reached on October 6, 2025.

The Crypto Fear & Greed Index reflected the shift in sentiment, climbing from mostly “fear” readings in July to around 74 by the end of September, within the “greed” range.

ETF Flows Reverse Second-Quarter Withdrawals

US spot Bitcoin ETFs recorded about $6.34 billion in net inflows during the third quarter, reversing nearly $5 billion in outflows from the previous three months.

The recovery accelerated as the quarter progressed. The funds attracted $172 million in July, $3.52 billion in August and $2.65 billion in September. Their largest daily inflow in August came on August 20, when the products added $606.3 million.

That period also brought a wave of liquidations in bearish leveraged positions. Short sellers were forced to buy Bitcoin to close their trades, adding to the upward move as the cryptocurrency gained more than $10,000 over several days.