'Uptober' Starts Green as Bitcoin ETFs Draw $134 Million
60-second summary
Spot Bitcoin ETFs attract $134.4 million in the first two October trading days, reversing September‑30 outflows as a soft jobs report eases expectations of further Federal Reserve rate hikes; the inflow signals renewed investor confidence, lifts Bitcoin’s price momentum, and suggests the ETF market could sustain stronger demand amid a potentially softer monetary environment.
Spot Bitcoin ETFs took in $134.4 million over the first two trading days of October, rebounding from a Sept. 30 outflow as a weak jobs report cooled Fed rate-hike bets.