đš $102.7M JUST FLOWED INTO U.S. SPOT BITCOIN ETFs
Institutional demand started October on a positive note.
On October 1, U.S. spot Bitcoin ETFs recorded $102.7 million in net inflows, reversing the previous sessionâs $148.7 million outflow. BlackRockâs IBIT led the buying with about $195.6 million in inflows, while several other funds saw withdrawals.
The bigger picture is interesting: U.S. spot Bitcoin ETFs attracted around $2.65 billion during September, showing that institutional interest has remained significant despite short-term market volatility.
But one day of inflows doesnât guarantee a rally. The key question now is whether ETF demand can remain consistent through October.
For crypto traders, ETF flows may be just as important to watch as price charts.
Is institutional Bitcoin demand coming back strongly? đ
#Bitcoin #BitcoinETF #CryptoNews #CryptoMarket #InstitutionalInvestors #BTC #BinanceSquare
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