Bitcoin just smashed through $85,000 for the first time since January, with the price peaking at $87,329 in the past 24 hours. At press time, BTC is trading around $85,500.

US Spot Bitcoin ETFs See Biggest Inflow in a Year

This price action comes as American spot Bitcoin ETFs saw their largest net inflow in the past 12 months. On September 21, total net inflows hit $999 million.

Where the Cash Landed: ETF Breakdown

BlackRock’s IBIT led the pack, pulling in $381.4 million. ARKB from Ark Invest and 21Shares brought in $289.1 million, while Fidelity’s FBTC attracted $238.8 million. MSBT picked up another $61.7 million, and BITB saw $21.6 million in new funds.