✉news BusinessCrypto first seen 7 h ago, last 7 h ago, peak #32
Bitcoin ETFs open October with $103 million inflows
Original: Bitcoin ETFs kick off ‘Uptober’ with $103M inflow
US spot Bitcoin exchange-traded funds recorded roughly $103 million in net inflows on the first trading day of October, a month crypto traders nickname 'Uptober' for its historically strong Bitcoin performance. The positive start is being read as a sign of steady institutional demand, with investors watching whether ETF buying momentum can sustain Bitcoin's price gains through the month.
Why now: Traders are watching whether the start of October, historically a strong month for Bitcoin, signals a renewed rally driven by ETF demand.
Bitcoinspot Bitcoin ETFsUnited States
Evidence
- Bitcoin ETFs kick off ‘Uptober’ with $103M inflow · TradingView
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