Net inflows of $292 million mark 7 consecutive days of institutional buying, led by BlackRock and Fidelity.
BitGo gains BaFin approval for trading; Ether Machine files to go public; Metaplanet strengthens Asian Bitcoin footprint.
BNB pushes toward $1,000 ATH, SharpLink doubles ETH treasury, and Google partners with Coinbase to enable stablecoin payments in AI apps.
The cryptocurrency market continues to evolve rapidly, with institutional inflows into Bitcoin ETFs, corporate Ethereum treasuries expanding, and regulatory milestones shaping the future of digital finance. From major ETF movements to corporate expansions in Europe, Asia, and the US, here are the top developments you need to know.
Bitcoin spot ETFs recorded net inflows of $292.27 million on September 16, marking the seventh straight day of institutional buying.
BlackRock’s iShares Bitcoin Trust (IBIT) led the pack, attracting $209.18 million in new money. Its total historical net inflows now stand at $60.25 billion, highlighting BlackRock’s dominance in the sector.
Fidelity’s FBTC followed with $45.76 million in daily inflows, taking its cumulative total to $12.68 billion.
The only major outflow came from Bitwise’s BITB, which lost $10.78 million, though its lifetime inflow remains positive at $2.32 billion.
The total net asset value of Bitcoin spot ETFs is $153.78 billion, representing 6.61% of Bitcoin’s overall market cap.
Also Read: Bitcoin Price Today: BTC Holds at $117,253 Ahead of Fed Decision
In Europe, custody provider BitGo secured regulatory approval from Germany’s financial watchdog BaFin to expand into regulated crypto trading.
The license allows BitGo Europe, headquartered in Frankfurt, to offer both over-the-counter (OTC) and electronic trading across thousands of digital assets and stablecoins. This expansion builds on its existing MiCA license, which already covers custody and staking.
The move positions BitGo alongside competitors like Coinbase and Kraken, making it one of the few firms in Europe offering custody, staking, and trading under a single regulatory framework.
“Institutions need deep liquidity and reliable execution, but also the assurance of regulatory oversight,” said Brett Reeves, BitGo’s head of European sales, highlighting the company’s focus on compliance-driven growth.
The Ether Machine, an Ethereum-focused treasury management firm, filed a Form S-4 with the US SEC to go public via a merger with special-purpose acquisition company (SPAC) Dynamix Corporation (ETHM).
The company has amassed 495,362 ETH valued at over $2.1 billion, making it the third-largest corporate Ethereum holder. Co-founder Andrew Keys personally contributed 169,984 ETH, worth around $741 million, anchoring its treasury alongside more than $800 million in institutional commitments. The merger is expected to close in Q4 2025, pending shareholder approval.
Also Read: Ethereum Price Prediction: Is a $10,000 ETH Closer Than You Think?
Japan-based Metaplanet continued to strengthen its position in the Bitcoin ecosystem. The company announced the acquisition of the Bitcoin.jp domain and the launch of two new subsidiaries: Bitcoin Japan Co., Ltd. and Metaplanet Income Corp.
These initiatives aim to boost Bitcoin adoption across Asia by supporting digital currency events, media initiatives like Bitcoin Magazine Japan, and the upcoming Bitcoin Japan Conference.
Market observers say the expansion could elevate Metaplanet’s role as a leading corporate Bitcoin holder in the region, drawing comparisons to MicroStrategy’s Bitcoin strategy in the US.
Bitcoin’s market cap currently sits at $2.17 trillion, with a 57.5% dominance. The price of Bitcoin has climbed 0.90% in the past 24 hours to $116,343, while gaining nearly 12% over the last 90 days.
Binance’s native token BNB set a new all-time high of $962 before slightly retreating to $954. The coin remains the fifth-largest cryptocurrency, with a market cap of $132.7 billion.
Technical indicators suggest room for further upside. The RSI at 67 shows bullish momentum without being overbought, while the MACD remains in positive territory.
Analysts say a continued rally could push BNB past the $1,000 mark for the first time, with extended gains potentially testing $1,100.
However, short-term corrections are possible, with support levels at $911 and $870. Market sentiment suggests the Federal Reserve’s expected rate cut later today could add fuel to bullish moves.
Google announced a partnership with Coinbase and the Ethereum Foundation to enable stablecoin payments in AI-powered applications.
The initiative expands Google’s open-source AI protocol to allow applications to send and receive digital money, including USD-pegged stablecoins. Over 60 organizations, including Salesforce, American Express, and Etsy, are participating in the project.
With the stablecoin market now valued at $289 billion, up from $205 billion at the start of 2025, the move underscores growing recognition of stablecoins as a bridge between traditional finance and digital ecosystems.
Analysts say the partnership could accelerate mainstream adoption of AI-driven payments, with Coinbase providing liquidity infrastructure and Ethereum offering decentralized settlement rails.
1. How much money flowed into Bitcoin ETFs yesterday?
Bitcoin spot ETFs saw $292.27 million in net inflows, the seventh straight day of gains.
2. Which ETF had the highest inflows?
BlackRock’s IBIT led with $209.18 million, taking its total net inflows above $60 billion.
3. What does BitGo’s German approval mean?
It allows BitGo Europe to offer custody, staking, and trading under BaFin’s regulation, streamlining institutional access.
4. Why is BNB trending?
BNB hit a new ATH of $962 and is now eyeing the $1,000 milestone, with bullish technical momentum.
5. How is Google using stablecoins?
Google partnered with Coinbase and Ethereum Foundation to integrate stablecoin payments into AI-powered apps.