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

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 33 Views

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

Bitcoin ETFs drew $424 million over three days, lifting October net inflows to $111 million despite a hawkish Federal Reserve decision and weaker crypto sentiment.

US-listed spot Bitcoin exchange-traded funds (ETFs) extended their daily inflow streak to three on Wednesday, pushing October back into positive territory with two trading sessions left in the month.

Bitcoin (BTC) ETFs attracted $137 million on Wednesday, bringing their three-day inflows to roughly $424 million and October’s net inflows to $111 million, according to SoSoValue data.

October’s cumulative net flows remained negative through Tuesday, after nearly $774 million flowed out over the final two trading days of the previous week.

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