Bitcoin ETF Inflows Top $1 Billion in Three Days but No Rally Follows
U.S. spot Bitcoin ETFs drew more than $1 billion in three sessions, yet prices failed to climb as past rallies relied on steadier daily demand.
AfroEuropa Newsroom
AfroEuropa desk
U.S. spot Bitcoin exchange-traded funds have taken in roughly $1 billion in net inflows over three trading sessions, but the fresh demand has not pushed prices into a sustained rally.
BitKE reported net inflows of about $1.08 billion across the three days, while Decrypt put the figure at roughly $1.07 billion. According to Decrypt, the recent flows lifted October's total to a net gain of around $460 million, even as Bitcoin and Ethereum prices declined.
BitKE's analysis attributed the muted price response to the pace and consistency of buying rather than the headline total. It noted that previous strong Bitcoin advances coincided with average daily ETF inflows of about $235 million, a pattern the latest burst of demand has not matched.
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