'Uptober' Starts Green as Bitcoin ETFs Draw $134 Million
Summary
U.S. spot Bitcoin ETFs recorded $134.4 million in net inflows over Thursday and Friday, starting October positively after $148.7 million in outflows on Sept. 30. September still brought $2.65 billion in inflows, the funds’ second-best month since October 2025. Bitcoin briefly reached $87,173 before retreating to about $85,000. A weaker-than-expected September jobs report lowered market expectations for an October rate hike, a shift that may support risk assets. ETF inflows since launch total $58.1 billion, while year-to-date inflows remain below $1 billion. Investors are watching the Oct. 14 CPI release and the Fed’s Oct. 28 meeting for further signals.
