Uptober Bitcoin ETF Rally: Institutional Capital Flows Into ETFs
Spot Bitcoin ETFs in the United States had $2.71 billion in weekly inflows, continuing their impressive Uptober performance. In light of this, they reported yet another robust week for institutional demand. The total assets under management for Bitcoin ETFs increased to $158.96 billion as of Friday, according to data from SoSoValue. This represents approximately 7% of the total market capitalization of Bitcoin.
Capital keeps flowing into BTC as allocators double down on the digital gold conviction trade. Liquidity is building now as the market momentum takes shape,
Vincent Liu, chief investment officer at Kronos Research
$1.21B Flows Into Bitcoin ETFs Amid Strong Investor Demand
With a huge net inflow of $1.21 billion, the second-largest single-day inflow since the products’ first release, Monday was the greatest day of the week for spot Bitcoin ETFs. On Tuesday, the funds witnessed robust inflows totaling $875.61 million. With daily inflows of $74.2 million and cumulative totals of $65.26 billion, BlackRock’s IBIT led the market. But there were outflows of $10.18 million from Fidelity’s FBTC and $19.21 million from Grayscale’s GBTC.
Bitcoin ETFs Dip After Trump Announces Tariffs on China
Due to mounting market worries, Bitcoin ETFs had a net outflow of $4.5 million on Friday. The drop came after President Donald Trump declared he would levy a 100% tax on Chinese imports.
Trump’s tariff threat looks more like a negotiation tactic than a policy pivot, classic pressure play. Markets may flinch short term, but smart money knows the game: macro noise, conviction unchanged,
Liu
For more up-to-date crypto news, you can follow Crypto Data Space.
