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US spot Bitcoin ETFs take in $110m after $774m of withdrawals

US spot Bitcoin ETFs returned to net inflows on 26 October, drawing $110m after two sessions of withdrawals, though October stayed negative overall, Cointelegraph reports.

InvestIn.News NewsDesk · 1 min read
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Picture from Cointelegraph for: US spot Bitcoin ETFs take in $110m after $774m of withdrawals
Image: Cointelegraph
Original reporting: Helen Partz, Cointelegraph

Key points

  • The funds took in $110m in net inflows on 26 October, according to SoSoValue.
  • The rebound followed $774m in net outflows over the two previous trading sessions.
  • October still showed about $202m in net outflows through Monday.

US spot Bitcoin ETFs returned to net inflows on 26 October, attracting $110m after $774m in withdrawals over the two previous trading sessions, Cointelegraph reports, citing SoSoValue. The rebound came despite weaker market sentiment and continued volatility in the Bitcoin price.

The inflows were not enough to turn the month positive. October still showed about $202m in net outflows through Monday, leaving the US spot Bitcoin ETF category in the red for the month.

The Crypto Fear & Greed Index slipped to 48 from 50 the day before, staying in "Neutral" territory.

Read the full story on Cointelegraph

Live updates on NewsFeeds:ETFsBitcoinDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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