Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
Summary
Spot Bitcoin exchange-traded funds brought in over $1 billion during a three-day period. This strong influx of capital completely reversed earlier monthly losses. As a result, October flows for these investment products finished in positive territory despite declining cryptocurrency prices.
Spot Bitcoin ETFs have drawn about $1.07 billion over three sessions, pushing October flows to a gain of roughly $460 million, even as Bitcoin and Ethereum prices slipped.
Source: Read the full story at Decrypt
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