Markets· ★★★★· bullish·

Bitcoin ETFs Erase October Losses With $1 Billion in Three Days

  • —Wednesday's inflow was $524.8 million, about $1.07 billion over three sessions
  • —October is now positive by $460 million after $615 million in outflows through Friday
  • —Ethereum ETFs took in $14.9 million, ending a five-day $389 million outflow streak
  • —Bitcoin fell 2.4% to $81,470 as total market cap slipped 2.9%
Why it matters: Renewed ETF demand is cushioning Bitcoin near $81K, with the Fed meeting on Oct. 27-28 as the next catalyst.
Source: Decrypt