Bitcoin ETFs Surge $3.2 Billion in Inflow as “Uptober” Gains Momentum

U.S.-listed spot Bitcoin exchange-traded funds (ETFs) experienced a strong start to October, pulling in $3.24 billion in inflows during the week. This marks the second-highest weekly inflow since ETF launch, only slightly trailing behind the record $3.38 billion recorded in late November 2024. Data from SoSoValue reveals this surge is significant compared to last week’s $902 million outflows, which negatively impacted sentiment.