Bitcoin ETFs Fuel Uptober With $3.2B Inflows

🚀 Start Earning Consistent Profits in Binance Futures
👉 Get free Bitcoin trading signals and the Cornix Auto-Trading Bot for seamless automated trades:  https://telegram.me/cryptosignalalert


Bitcoin ETFs are the market’s “clearest sentiment barometer,” indicating an incoming breakout for “Uptober,” analysts told Cointelegraph.

US-listed spot Bitcoin exchange-traded funds (ETFs) began the historically bullish month of October with their second-best week of inflows since launch, signaling renewed investor optimism.

Spot Bitcoin ETFs recorded $3.24 billion worth of cumulative net positive inflows over the past week, nearly matching their record of $3.38 billion in the week ending Nov. 22, 2024, according to data from SoSoValue.

The figure marks a sharp rebound from the previous week’s $902 million in outflows. Analysts attributed the turnaround to growing expectations of another US interest rate cut, which has improved sentiment toward risk assets.

Growing expectations of another US interest rate cut triggered a “shift in sentiment,” attracting renewed investor demand for Bitcoin ETFs, “bringing four-week inflows to nearly $4 billion,” Iliya Kalchev, dispatch analyst at digital asset platform Nexo, told Cointelegraph. “At current run-rates, Q4 flows could retire over 100,000 BTC from circulation — more than double new issuance.“

Comments

Post a Comment

Popular posts from this blog

BTC Dumps to 2-Week Low With $350M in Liquidations

Image
Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy - https://telegram.me/freecryptosignalsdaily Roughly 120,000 traders have been wrecked in the past 24 hours. Bitcoin’s price took another turn for the worse in the past hour or so, dumping by several grand to a multi-week low of under $62,000. This is the asset’s lowest price tag since the US Federal Reserve cut the interest rates in mid-September. 20% profit on #REEF/USDT through the Cornix Bot Pro Binance Signals Group which has 10000+ Pro Members. Our team of Trading Experts will analyse the markets every day to identify the best possible trading opportunities. If you need any help we will be there to support you all the way. We will do all we can to boost your trading. Daily Futures/SPOT Signals as per the Market trend with high accuracy of 90%+ on an average. Join and Become a Pro Binance Futures Market Trader.
Read more

Is 2025 the Calm Before Crypto’s Big Change?

Image
Explore the provided link to ensure a steady profit in Binance futures trading –   https://telegram.me/binancefuturesignal This crypto market cycle hasn’t seen the hype and excitement that was present in previous bull markets, but that doesn’t make it any less significant. “Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth in its “third green year,” 2025 has seen more measured movements with sideways trading. However, this signals a crucial transition rather than a broken cycle, the analysts argued. Excellent 33% Profit on #ALCH/USDT The infrastructure of the Binance Futures platform aligns with that of their spot trading exchange, Binance. Integrating our Cornix trading Bots with your Binance Futu...
Read more

Two members of the crypto community engaged in a $1 million bet!

Image
Visit us for crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot, Binance Futures and assistance on crypto trading -  https://t.me/binancefuturesignal Visit our website - https://binancefuturesbot.com/ “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which tokens you should buy and hodl in 2022. #OGN/USDT has covered all the profit targets to give a huge profit to all Premium Members Start Your Binance Futures Journey Now! We have many members who are new to Crypto Trading. When you sign up we will send you a detailed email explaining exactly how the signal service works with videos and instructions.  We are the Number# 1 Binance Futures Signals Pro Group due to the fact that our signals have high success ratio. You will receive everything you need for full trade signals, entry price, stop loss, take profit etc. Follow Our Binance Futures Trading Signals!
Read more