News · Cointelegraph

Bitcoin ETFs add $137M, pushing October back into the green

US spot Bitcoin ETFs drew $137 million on Wednesday, lifting three-day inflows to roughly $424 million and October's net inflows to $111 million, after nearly $774 million flowed out over the final two trading days of the previous week. The rebound came as the Federal Reserve held its rate at 3.75% to 4% and Chair Kevin Warsh said inflation remained above the 2% target. Bitget analyst Lewis Huang said Bitcoin's near-term performance may depend more on Treasury yields, dollar movements and broader risk sentiment. Bitcoin traded at $79,848, down about 1% over 24 hours, while the Crypto Fear & Greed Index held at 51, or Neutral. Ether ETFs shed $21 million on Wednesday, bringing October's net outflows to $1.35 billion, and Ether fell 1.7% to $2,310.

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 10/28/202681,343.50
Change that session+0.54%
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