US spot Bitcoin ETFs draw inflows to start October
Image: DecryptUS spot Bitcoin ETFs drew net inflows into the start of October. Bitcoin Magazine reported $241.1 million in inflows last week, a third straight positive week, with nearly $149 million pulled out on one day. Decrypt reported about $3.08 billion of inflows over nine straight days through September 30, offset by $148.69 million in net outflows, and total net assets above $101 billion. Bitcoin finished September higher.
Key points
- US spot Bitcoin ETFs drew net inflows in the opening days of October.
- Bitcoin ended September higher, after a strong third quarter.
Why it matters
The funds give investors exposure to bitcoin through brokerage accounts rather than buying the coin directly. Both reports describe the ETF inflows alongside bitcoin's gains at the start of October.
What's unclear
Decrypt reports nine straight days of ETF inflows alongside $148.69 million in net outflows, but does not say whether that outflow day falls inside or after the nine-day run.
Price context · BTC
At publication
$85,751.00
Now
$85,762.00
Change since
+0.01%
7 days · dashed line = publication
Sources · 2 publishers
Decrypt
Tier 1
'Uptober' Starts Green as Bitcoin ETFs Draw $134 Million
Decrypt
Tier 1
Morning Minute: Uptober Off to a Green Start
Bitcoin Magazine
Tier 1
Bitcoin ETFs Bring in $241M To Kick Start ‘Uptober’
Coverage timeline
- First reported by Decrypt
- Confirmed by Bitcoin Magazine
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
