Markets· ★★★★· bullish·

Bitcoin ETFs Return to Inflows With $102.7M on First Day of October

  • —Bitcoin ETFs saw $102.7 million in inflows on Oct. 1 after a $148.7 million outflow on Wednesday
  • —Total net assets of the funds rose to $109.3 billion
  • —Third-quarter inflows into bitcoin ETFs reached $6.34 billion, including $2.65 billion in September
  • —Ether ETFs lost $55.4 million, Solana ETFs about $6 million, XRP ETFs gained $4 million
Why it matters: The return of inflows supports BTC near $85,900 and points to recovering demand at the start of the fourth quarter.
Source: CryptoHamster