Bitcoin ETFs kick off ‘Uptober’ with $103M inflow
US spot Bitcoin ETFs returned to net inflows on the first trading day of October, pulling in $102.7 million after $148.7 million of outflows the day before. Their combined net assets climbed to $109.3 billion, with cumulative net inflows at $57.6 billion. The positive start followed a strong third quarter, when Bitcoin ETFs saw $6.34 billion in net inflows, including $2.65 billion in September, while Bitcoin itself gained 42.71% over the quarter. Bitcoin traded near $85,900, up 2.1% in 24 hours, and sentiment remained in “Greed.” Elsewhere, US spot Ether ETFs recorded $55.4 million in outflows, marking three straight losing sessions and about $118 million withdrawn in that span. Solana ETFs saw about $6 million in outflows for a second day, while XRP ETFs brought in $4 million in net inflows.
