U.S. spot Bitcoin exchange-traded funds returned to net inflows after just one day.

Trader T data showed U.S. spot Bitcoin ETFs recorded total daily net inflows of $118.8 million on October 7.

BlackRock's IBIT led the inflows with $122 million. Morgan Stanley's MSBT posted net inflows of $7.8 million.

Grayscale's Bitcoin Mini Trust, BTC, saw net outflows of $11 million. The remaining products recorded no net flows.

Month-to-date net inflows into U.S. spot Bitcoin ETFs rose to $321.4 million. Year-to-date net inflows stand at $1.25 billion.