Bitcoin ETF · Bitcoin · Ethereum · Wall Street · Decrypt
Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
Bitcoin ETF buyers have erased October’s losses in three trading days.
Key facts
- Sentiment on Ethereum is brighter, with Myriad users giving ETH a 61.3% chance of pumping to $3,000 before dumping to $1,500
- Ethereum fell 2.6% to roughly $2,393, and the total crypto market cap slipped 2.9% to $2.84 trillion
- Myriad traders give Bitcoin a 20% chance of topping $87,500 before October ends and 9% odds of reaching $90,000
- Bitcoin traded at about $81,470 on Thursday, down 2.4% over 24 hours but still up 2% on the week
Summary
U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, bringing a three-day inflow streak to about $1.07 billion and flipping October positive by roughly $460 million. Ethereum ETFs snapped a five-day outflow streak with a $14.9 million inflow but remain down about $1.07 billion for the month. Bitcoin fell 2.4% to about $81,470, and Myriad traders give it only a 20% chance of topping $87,500 in October. U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, ’s ETF tracker, stretching an inflow streak that began Monday to three sessions and roughly $1.07 billion. Monday’s $526.7 million haul, the funds’ best day since Sept. 22, came entirely from BlackRock’s IBIT.