Dubai has made history by becoming the first government in the Middle East to accept BTC and other cryptocurrencies for some payments, according to crypto analyst Vivek Sen.

This middle east crypto news shows how the Gulf city wants to be a leader in blockchain and crypto innovation. What makes this even more exciting is that this decision comes just as Bitcoin ETF inflows recorded a high surge with not even a single institutional outflow.
According to Soso Value BTC data, on October 24, spot ETF inflows saw $90.6 million in influx and no outflows from any of the twelve funds. This means all the major institutions gained investment on the same day — a very bullish sign.

Here’s the breakdown:
Fidelity (FBTC): +$57.92M
BlackRock (IBIT): +$32.68M
Grayscale (GBTC): 0 inflows
These capital influx show that large investors are buying the asset again after a quiet and crash phase. The latest BTC ETF news suggests confidence is returning, especially with Dubai adopting crypto king.
The UAE’s government decision to accept crypto king and other cryptocurrencies could help increase Bitcoin ETF inflows even more. When a major government supports the asset, it sends a strong message to global investors that cryptocurrency is becoming a trusted part of the financial system.
It can encourage big investment funds and companies to put more money into btc spot ETF inflows because the risk seems lower. In simple terms, Dubai BTC adoption may help boost bitcoin price surge and exchange traded funds. This cycle could fuel the 2025 bull run very soon
Dubai bitcoin news is not only the fire behind asset’s price surge. Globally, U.S. inflation is down to 3.0%, and chances of Federal Reserve rate cuts in 2025 are now over 85%. When rates fall, investors often move money from banks to higher-return assets. This global setup, combined with positive capital funds and new policy setup, creates a perfect environment for growth.
In the last 24 hours, data from Coinglass shows 109,390 traders were liquidated, worth about $133.13 million. The biggest single liquidation was a $926K BTCUSDT order on Bybit.

Still, price surged around 1% in the last 24 hours, currently standing at $111,590, moving between $108K–$112K.
Here’s what the TradingView price charts say:
RSI (60.07): Slightly bullish — still room to go up
MACD: Shows positive momentum
Support levels: $108,000
Resistance levels: $115,000
If the token breaks above $115K, it could hit $125,000 fueling the massive run. But even if it pulls back near $110K, listed funds investors are likely to buy again, keeping prices strong.
Dubai BTC adoptions and strong Bitcoin ETF inflows are part of the same story — global trust in crypto king is growing. UAE adds policy strength, while Wall Street adds financial power.
This East-West combination could mark the start of a new phase; one where governments and big investors both push the market forward. If this continues, the next crypto bull run won’t just come from retail traders.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.