NEW YORK, Feb 25, 2026, 13:37 (EST) — Regular session
- Bitcoin climbed roughly 7.8% to $69,339, bouncing around in a range from $63,878 to $69,346.
- Fidelity and BlackRock topped the charts as U.S. spot bitcoin ETFs pulled in $257.7 million in net inflows on Tuesday.
- Nvidia earnings land after the bell, with traders also eyeing Friday’s U.S. producer price numbers.
Bitcoin jumped roughly 7.8% Wednesday, landing at $69,339 after dipping as low as $63,878 earlier in the session. The move put the token back near a threshold that’s proved tough to maintain this month.
Spot bitcoin ETFs trading in the U.S. pulled in $257.7 million in net inflows Tuesday, snapping back after a $203.8 million outflow just a day earlier, according to Farside Investors. Fidelity’s FBTC led with $82.8 million, while BlackRock’s IBIT wasn’t far behind at $78.9 million. (Farside)
Markets caught a bid as risk appetite found its footing. Global equities moved up, with investors eyeing Nvidia’s earnings after the U.S. close, according to a Reuters report. “AI is the dominant theme and what’s moving the market more than anything right now,” said Aaron Schaechterle, portfolio manager at Janus Henderson Investors. (Reuters)
Ether jumped roughly 11.8% to $2,073, notching gains as major tokens rallied broadly.
The bounce hasn’t cleared away underlying stress. CoinGlass tracked roughly $316 million in crypto liquidations over the past 24 hours, much of it from short positions—leveraged trades getting forcibly closed out. And Glassnode pointed to a drop in realized profit and loss, cautioning that this metric could remain sluggish for months. (The Defiant)
For many, the ETF order flow still gives the clearest read on sentiment. Bloomberg’s James Seyffart flagged that advisers and hedge funds unloaded around 25,000 bitcoin during the fourth quarter. Matt Hougan, Bitwise’s CIO, posted on X: “You can’t jump from 100% to 0% speculation without moving through every stage in between.” (TradingView)
Friday brings the next big data point: the U.S. producer price index for January lands at 8:30 a.m. ET. This comes after a week when traders wasted no time adjusting their outlook on rates. (Bureau of Labor Statistics)
Bitcoin’s immediate test: Will ETF inflows hold once the initial surge fades, and can buyers manage to keep prices north of the mid-$60,000s?
Friday, Feb. 27’s PPI release is on traders’ radars, with the next daily ETF flow numbers also in focus as they look for signs of sustained momentum.