US spot Bitcoin exchange-traded funds recorded approximately $301 million in net inflows last week, ending two consecutive weeks of outflows. They attracted $1.08 billion from Monday through Wednesday as Bitcoin reached a weekly high of $84,777, then saw about $774 million in withdrawals on Thursday and Friday as the cryptocurrency retreated toward $80,000. Net outflows for October stood at approximately $314 million, following $228 million the previous week and $680 million the week before. According to DWF Labs, ETF investors sold during seven of the eight Bitcoin declines of at least 15% recorded since the US funds launched in January 2024. Over the same period, spot Ether ETFs recorded a fourth consecutive week of net outflows, totaling about $221 million.
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