On Wednesday, the leading cryptocurrency continued to maintain a steady pace, trading at eight-month highs. The main driver of the rally was a strong inflow of capital into spot exchange-traded funds (ETFs), which restored positive sentiment to the market.
At one point, BTC prices rose above the $87,000 mark, after which the asset cooled off slightly and stabilized around $86,500 (+1.3% over the past 24 hours).
Institutional investors are accumulating again: funds and Strategy are driving up trading volumes
The key signal this week is the return of large-scale capital. According to data from the SoSoValue platform:
- Since the start of the week, net inflows into spot Bitcoin ETFs have exceeded $1.71 billion—the strongest weekly result since late August.
- Monday set an all-time high: funds raised nearly $1 billion in just one day.
Strategy Inc. (MSTR) added to the market’s optimism—the largest corporate holder of Bitcoin once again reported new BTC purchases.
Interestingly, institutional interest in cryptocurrency is growing despite a delay in the U.S. Congress: a key bill to regulate the crypto industry (the Clarity Act) failed to garner sufficient support from lawmakers in early September. However, this negative sentiment quickly faded.
SEC Paves the Way for RWAs, Boosting Altcoins
Legislative news has been overshadowed by a regulatory breakthrough from the Securities and Exchange Commission (SEC). The agency granted an exemption that gives the green light to issuing tokenized traditional stocks directly on the blockchain.
For the crypto community, this is a huge step toward the convergence of traditional finance (TradFi) with Web3 infrastructure. Against this backdrop, investors have begun more actively redirecting liquidity toward altcoins, which stand to benefit technologically from the trend toward the tokenization of real-world assets (RWAs) far more than the Bitcoin network:
- XRP surged immediately by +6.4%;
- Cardano (ADA) gained +5.7%;
- Solana (SOL) gained +1.9%;
- Ethereum (ETH) rose by +1.1% (to $2,760);
- BNB rose modestly by +0.7%.
The meme coin sector is also seeing a resurgence: the classic Dogecoin rose by 2%, and the $TRUMP token gained over 5%.
All Eyes on Washington
Despite the general optimism, some market participants prefer not to take aggressive positions ahead of the day’s main event—talks between U.S. President Donald Trump and Chinese President Xi Jinping in Washington.
Cryptocurrencies are unlikely to feature directly on the agenda, but discussions on bilateral trade, tariffs, and the technology sector (particularly artificial intelligence) will inevitably affect global risk appetite—and thus, the repercussions of the meeting will also be felt in the prices of digital assets.