Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
U.S. spot Bitcoin ETFs saw $1.07 billion in inflows over three days, erasing October's losses. BlackRock's IBIT led Monday's $526.7 million inflow. J.P. Morgan projected 10% annual Bitcoin returns over 10-15 years. Bitcoin and Ethereum prices fell despite ETF inflows, with Bitcoin at $81,470 and Ethereum at $2,393. Traders predict low chances of Bitcoin reaching $90,000 by month-end.
How this was made

The 30-second read
Why it matters
ETF inflows could provide price support for the underlying assets, but immediate price action remains negative.
Market read
ETF inflows signal renewed investor interest in crypto, potentially affecting spot prices and market sentiment.
What to watch
Potential regulatory scrutiny or Fed rate outlook could dampen crypto demand.
Background
The article reports fresh ETF inflow data for Bitcoin and Ethereum, the first disclosure of these numbers.
Ticker impact
Spot Bitcoin ETFs recorded $1.07 billion of inflows over three days, reversing October losses.
potential upward pressure as investors add to Bitcoin ETFs
ETF inflows often precede price support, though Bitcoin price fell 2.4% on the day.
Ethereum ETFs posted a $14.9 million inflow, ending a five‑day outflow streak.
modest upside pressure on ETH as inflows resume
ETF inflows are modest relative to Bitcoin but signal a shift from outflows.
Market effects
Crypto‑asset sector shows renewed inflow momentum, supporting ETF issuers.
U.S. spot crypto ETFs drive domestic investor exposure.
ETF inflows may influence global crypto price dynamics.
Counterpoint
Despite inflows, Bitcoin price fell, suggesting demand may be short‑term or speculative.
Key entities
- companyBlackRock
Provider of the IBIT Bitcoin ETF that drove the largest single‑day inflow.


