Bitcoin News Today: BTC Climbs to $113K as ETF Momentum Builds

Key Takeaways:Bitcoin price rises 0.55% to $113,089 amid broader market stabilization$1.8B in liquidations flush excess leverage, triggering institutional dip-buyingGrayscale crypto ETF inflows hit $1.2B, boosting BTC investor confidenceBitcoin Posts Slight Recovery as Leverage Unwinds and ETFs Gain TractionBTC climbed 0.55% over the past 24 hours to $113,089, slightly ahead of the broader crypto market’s 0.74% rise. The rebound comes after a weekend of volatility triggered by a massive $1.8 billion liquidation of long positions, which pushed BTC briefly to a low of $112,000.The bounce was aided by fresh institutional interest following Grayscale’s launch of the first U.S.-listed multi-asset crypto ETF (GDLC). BTC's 24-hour trading volume surged 14% to $55 billion, signaling stronger spot demand amid shifting market dynamics.Grayscale ETF Boosts Institutional BTC ExposureGrayscale’s newly approved GDLC fund—comprising of Bitcoin (70%), Ethereum (20%), and a mix of XRP, SOL, and ADA (10%)—has attracted $1.2 billion in inflows since its launch on September 20, 2025. Bitcoin remains the anchor asset in its structure, reinforcing its dominance in institutional portfolios.According to Bitget data, ETFs now collectively hold 1.14 million BTC (valued at $129 billion), showing the strength of structural demand.Technical Indicators Signal Bullish ResilienceOn the technical front, Bitcoin successfully defended key moving averages. The 30-day SMA sits at $112,847, while the 7-day EMA stands at $114,971. The MACD histogram has turned positive at +3.75, and the RSI at 44 suggests further upside room before reaching overbought territory.Fibonacci retracement levels highlight near-term resistance at $113,847 and $115,400, with bulls eyeing a breakout above $115K to confirm upward momentum.Outlook: Can BTC Sustain ETF-Driven Momentum?Bitcoin’s ability to hold above $112K while ETF inflows continue signals near-term bullish potential. However, market participants are watching closely to see if BTC can reclaim and hold above the $115K mark, a key level for trend confirmation.