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Bitcoin ETFs Add $137M in Inflows, Turning October Positive Again

Bitcoin ETFs Add $137M in Inflows, Turning October Positive Again

Photo: TheCoinrise

Spot Bitcoin fund inflows reported by Cointelegraph help erase earlier monthly losses. Spot Bitcoin exchange-traded funds added $137 million in net inflows, Cointelegraph reported. The figure was enough to flip October's cumulative flow total from negative to positive for the month so far. The report did not break down which individual funds drove the inflow or how trading volume compared with prior sessions. Still, the headline number offers a snapshot of renewed buying interest after a period of uneven demand. Spot Bitcoin ETFs have become a key barometer for institutional sentiment since their U.S. launch in January 2024.

Source: TheCoinrise

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