October 02, 08:20

US spot Bitcoin ETFs draw $102.7 million on first October trading day

Bitcoin ETFs Return to Inflows as 'Uptober' Gets Underway

Cointelegraph

US spot Bitcoin exchange-traded funds (ETFs) recorded $102.7 million in net inflows on Thursday, the first trading day of October, according to SoSoValue data. The funds had recorded $148.7 million in net outflows on Wednesday. Their combined net assets rose to $109.3 billion, while cumulative net inflows reached $57.6 billion. Bitcoin ETFs recorded $6.34 billion in net inflows during the third quarter of 2026, their strongest quarter that year. September accounted for $2.65 billion of those inflows. Bitcoin rose 42.71% over the quarter. Bitcoin traded at about $85,900 at the time of publication, up 2.1% over the past 24 hours, according to CoinGecko. Alternative.me's Crypto Fear & Greed Index fell from 74 a day earlier to 72 but remained in "Greed" territory. US spot Ether ETFs recorded $55.4 million in net outflows on Thursday. The Ether funds shed about $118 million across three consecutive trading days. Solana ETFs recorded around $6 million in net outflows on Thursday, extending their outflow streak to two sessions. XRP ETFs attracted $4 million in net inflows.

This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.