Spot Bitcoin ETFs are back in the green at the start of October, with $BTC -linked funds drawing $134.4 million over the first two trading days. The move marks a rebound after an outflow on Sept. 30.
The shift came as a weak jobs report cooled expectations for further Fed rate hikes. That macro backdrop appears to have helped risk assets, including Bitcoin ETF products.
The early October inflows put the spotlight back on whether the "Uptober" trend can hold. For now, the first two trading days are positive.
It is not yet clear whether the momentum will continue through the rest of the month. Market watchers will be watching ETF flow data closely.
Tap $BTC to trade.
Tap $BTC to trade
$BTC
غيرك سبقك وتابع. ادخل بروفايلي وخلك مع اللي يقرأ قبل ما ينتشر الخبر.
The shift came as a weak jobs report cooled expectations for further Fed rate hikes. That macro backdrop appears to have helped risk assets, including Bitcoin ETF products.
The early October inflows put the spotlight back on whether the "Uptober" trend can hold. For now, the first two trading days are positive.
It is not yet clear whether the momentum will continue through the rest of the month. Market watchers will be watching ETF flow data closely.
Tap $BTC to trade.
Tap $BTC to trade
$BTC
غيرك سبقك وتابع. ادخل بروفايلي وخلك مع اللي يقرأ قبل ما ينتشر الخبر.
