Bitcoin registered a significant increase in the last 24 hours, surpassing the$97,000for the first time in 2026. The movement was driven by a record flow of capital into spot Bitcoin ETFs traded in the United States, which accumulated more than US$2.1 billion in net inflows in a single week.
Institutional flow breaks record
According to data from Bloomberg Intelligence, spot Bitcoin ETFs in the US have recorded the highest volume of weekly inflows since their launch in January 2024. BlackRock's iShares Bitcoin Trust (IBIT) led the flow with approximately $890 million, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with $540 million.
Institutional demand has been consistent throughout February, with wealth managers and pension funds increasing their crypto allocations. Analysts point out that the approval of ETFs in European and Asian markets also contributed to the positive narrative around Bitcoin as a reserve asset.
Macroeconomic factors favor Bitcoin
With the Federal Reserve signaling the possibility of interest rate cuts in the second half of 2026, investors are looking for alternatives to the dollar, and Bitcoin is positioned as an option increasingly accepted by traditional institutions.
With the block reward currently at 3,125 BTC, the annual issuance of new bitcoins has fallen drastically, while demand for ETFs absorbs a significant amount of the asset available on the market.
Impact on the Brazilian market
In Brazil, the impact was immediate. Bitcoin's exchange rate in real exceeded the R$560,000 mark, and national exchanges a 45% increase in trading volume compared to the previous week. Hashdex, a Brazilian crypto asset manager, recorded record inflows into its index funds listed on B3.
For Brazilian investors, the appreciation of Bitcoin was also amplified by the devaluation of the real against the dollar, creating a double effect of appreciation. Experts recommend caution and diversification, remembering that volatility remains an inherent characteristic of the cryptocurrency market.
Outlook for the coming weeks
Market analysts project that Bitcoin could test the psychological barrier of $100,000 in March 2026, if institutional flow remains at current levels.
The crypto market's fear and greed index scored 78 points, in the "extreme greed" zone, which historically suggests caution for new entries.