Bitcoin ETFs add $137M, pushing October back into the green

Bitcoin ETFs add $137M, pushing October back into the green

Summary

US spot Bitcoin ETFs took in $137 million on Wednesday, extending their inflow streak to three days and bringing October net inflows to $111 million after heavy withdrawals late the previous week. The rebound coincided with the Federal Reserve holding rates at 3.75%–4%; its chair said inflation remained above target. Bitcoin was down about 1% at $79,848, while Ether ETFs recorded $21 million in outflows, taking October’s net withdrawals to $1.35 billion. Ether fell 1.7% to $2,310.