Bitcoin ETFs Boast Robust ‘Uptober’ with $2.71B in Weekly Inflows

US spot Bitcoin exchange-traded funds (ETFs) experienced a strong week, demonstrating continued momentum fueled by institutional investment. According to SoSoValue data, total assets under management for Bitcoin ETFs reached $158.96 billion on Friday, representing nearly 7% of the Bitcoin market cap. This weekly influx of $2.71 billion reflects sustained interest from investors seeking to capitalize on the digital gold trend.