Bitcoin ETFs kick off ‘Uptober’ with $103M inflow

Read original at CoinTelegraph·

Bitcoin ETFs kick off ‘Uptober’ with $103M inflow

60-second summary

Bitcoin ETFs launch “Uptober” with $103 million net inflows, marking the first sizable weekly addition since early 2023, while Ether‑focused funds suffer a third consecutive day of outflows, shedding roughly $12 million. The divergent flows highlight renewed investor appetite for spot‑linked Bitcoin products, suggesting bullish pressure on BTC prices and continued caution toward ETH market sentiment.

Bitcoin ETFs returned to inflows with $103 million, while Ether funds recorded a third straight day of net outflows.