Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K
Summary
United States spot Bitcoin exchange-traded funds recorded renewed capital inflows over a two-day period. This financial activity helped reduce the total net outflows for the month of October as the price of Bitcoin climbed past the eighty thousand dollar mark.
US spot Bitcoin ETFs drew $286 million over two days, narrowing October’s net outflows to $26 million as the Crypto Fear & Greed Index remained neutral.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.