Net flows into Bitcoin ETFs remained positive over the last 30 days at approximately 30,000 to 40,000 BTC, but buying momentum has weakened as Bitcoin consolidates above $80,000. Between October 1st and 9th, flows experienced significant volatility with total net outflows of $484.9 million on October 7th, including $207.7 million from BlackRock’s IBIT and $105.1 million from FBTC. Other cryptocurrency ETFs showed mixed results in October: Ethereum ETFs recorded cumulative outflows of $634.80 million while Binance ETFs attracted $98.89 million in inflows. The SEC recently approved 3x leveraged ETFs tied to Bitcoin, Ethereum, gold, silver, crude oil, and natural gas.
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