Bitcoin’s price is once again attracting the attention of Wall Street investors, with US spot Bitcoin ETFs experiencing a remarkable rebound in inflows. After last week’s significant outflows, these funds surged back with $3.24 billion in fresh investments – only surpassed by another record-setting week in November 2024. This surge comes as Bitcoin’s price continues to climb towards its all-time high near $124,000, a level that could mark October as the month of historic price breakthrough. The driving force behind this growth is evident with BlackRock’s IBIT ETF leading the charge and Fidelity’s FBTC contributing significantly. These ETFs are attracting substantial institutional support, fueling the question: are they poised to drive Bitcoin into a new price discovery phase?