The post Bitcoin ETFs Add $2.7B in ‘Uptober’ Despite Tariff Fears appeared on BitcoinEthereumNews.com. US spot Bitcoin exchange-traded funds (ETFs) continued their strong “Uptober” performance with $2.71 billion in weekly inflows, marking another strong week for institutional demand. According to data from SoSoValue, total assets under management for Bitcoin (BTC) ETFs climbed to $158.96 billion as of Friday, representing nearly 7% of Bitcoin’s total market capitalization. “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 quantitative trading firm Kronos Research, told Cointelegraph. The best day of the week for spot Bitcoin ETFs came on Monday, when funds recorded a massive $1.21 billion in net inflows, the second-largest single-day inflow since these products were first launched. The funds also saw strong inflows of $875.61 million on Tuesday. Spot Bitcoin ETFs see weekly inflows. Source: SoSoValue Related: DeFi booming as $11B Bitcoin whale stirs ‘Uptober’ hopes: Finance Redefined Bitcoin ETFs see $4.5 million outflow On Friday, Bitcoin ETFs saw a $4.5 million net outflow amid market jitters after President Donald Trump confirmed he would impose a 100% tariff on imports from China. BlackRock’s IBIT led the market with $74.2 million in daily inflows and $65.26 billion in cumulative totals. However, Fidelity’s FBTC and Grayscale’s GBTC recorded outflows of $10.18 million and $19.21 million, respectively. “Trump’s tariff threat looks more like a negotiation tactic than a policy pivot, classic pressure play,” Liu said. “Markets may flinch short term, but smart money knows the game: macro noise, conviction unchanged,” he added. Related: Ether ETF inflows, explained: What they mean for traders “Uptober” sparks ETF rush amid 31 filings Over the past two months, 31 crypto ETF applications have been submitted to the US Securities and Exchange Commission (SEC), 21 of them in just the first eight days… The post Bitcoin ETFs Add $2.7B in ‘Uptober’ Despite Tariff Fears appeared on BitcoinEthereumNews.com. US spot Bitcoin exchange-traded funds (ETFs) continued their strong “Uptober” performance with $2.71 billion in weekly inflows, marking another strong week for institutional demand. According to data from SoSoValue, total assets under management for Bitcoin (BTC) ETFs climbed to $158.96 billion as of Friday, representing nearly 7% of Bitcoin’s total market capitalization. “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 quantitative trading firm Kronos Research, told Cointelegraph. The best day of the week for spot Bitcoin ETFs came on Monday, when funds recorded a massive $1.21 billion in net inflows, the second-largest single-day inflow since these products were first launched. The funds also saw strong inflows of $875.61 million on Tuesday. Spot Bitcoin ETFs see weekly inflows. Source: SoSoValue Related: DeFi booming as $11B Bitcoin whale stirs ‘Uptober’ hopes: Finance Redefined Bitcoin ETFs see $4.5 million outflow On Friday, Bitcoin ETFs saw a $4.5 million net outflow amid market jitters after President Donald Trump confirmed he would impose a 100% tariff on imports from China. BlackRock’s IBIT led the market with $74.2 million in daily inflows and $65.26 billion in cumulative totals. However, Fidelity’s FBTC and Grayscale’s GBTC recorded outflows of $10.18 million and $19.21 million, respectively. “Trump’s tariff threat looks more like a negotiation tactic than a policy pivot, classic pressure play,” Liu said. “Markets may flinch short term, but smart money knows the game: macro noise, conviction unchanged,” he added. Related: Ether ETF inflows, explained: What they mean for traders “Uptober” sparks ETF rush amid 31 filings Over the past two months, 31 crypto ETF applications have been submitted to the US Securities and Exchange Commission (SEC), 21 of them in just the first eight days…

Bitcoin ETFs Add $2.7B in ‘Uptober’ Despite Tariff Fears

US spot Bitcoin exchange-traded funds (ETFs) continued their strong “Uptober” performance with $2.71 billion in weekly inflows, marking another strong week for institutional demand.

According to data from SoSoValue, total assets under management for Bitcoin (BTC) ETFs climbed to $158.96 billion as of Friday, representing nearly 7% of Bitcoin’s total market capitalization.

“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 quantitative trading firm Kronos Research, told Cointelegraph.

The best day of the week for spot Bitcoin ETFs came on Monday, when funds recorded a massive $1.21 billion in net inflows, the second-largest single-day inflow since these products were first launched. The funds also saw strong inflows of $875.61 million on Tuesday.

Spot Bitcoin ETFs see weekly inflows. Source: SoSoValue

Related: DeFi booming as $11B Bitcoin whale stirs ‘Uptober’ hopes: Finance Redefined

Bitcoin ETFs see $4.5 million outflow

On Friday, Bitcoin ETFs saw a $4.5 million net outflow amid market jitters after President Donald Trump confirmed he would impose a 100% tariff on imports from China.

BlackRock’s IBIT led the market with $74.2 million in daily inflows and $65.26 billion in cumulative totals. However, Fidelity’s FBTC and Grayscale’s GBTC recorded outflows of $10.18 million and $19.21 million, respectively.

“Trump’s tariff threat looks more like a negotiation tactic than a policy pivot, classic pressure play,” Liu said. “Markets may flinch short term, but smart money knows the game: macro noise, conviction unchanged,” he added.

Related: Ether ETF inflows, explained: What they mean for traders

“Uptober” sparks ETF rush amid 31 filings

Over the past two months, 31 crypto ETF applications have been submitted to the US Securities and Exchange Commission (SEC), 21 of them in just the first eight days of October.

Analysts describe the moment as a potential opening of the “floodgates” for crypto ETFs. Bloomberg’s James Seyffart noted that as of late August, nearly 100 crypto-related products awaited SEC decisions.

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Source: https://cointelegraph.com/news/bitcoin-etfs-uptober-inflows-top-2-7b-despite-trump-tariff-fears?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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