“Bitcoin ETFs Draw $134 Million as 'Uptober' Begins Green” — what this page in the network covers. Spot Bitcoin exchange-traded funds (ETFs) attracted $134.4 million in net inflows over the first two trading days of October, according to data from Farside Investors. The rebound follows a $61.3 million outflow on September 30, signaling renewed investor confidence as the fourth quarter kicks off. The inflows come as a weaker-than-expected U.S. jobs report reduced expectations for further Federal Reserve interest rate hikes, making risk assets like Bitcoin more attractive.
The 'Uptober' trend, a historically bullish period for Bitcoin, appears to be gaining traction, with institutional investors piling into regulated crypto products. Bitcoin's price has responded positively, hovering near $28,000 at the time of writing. The shift in sentiment underscores how macroeconomic factors, particularly Fed policy, continue to drive crypto market dynamics. The full version stays on the original page, which this listing opens directly.