BTC $85,619 -0.35% ETH $2,699 -0.73% BNB $780.33 -0.99% XRP $1.50 -0.77% SOL $121.27 -0.02% BTC $85,619 -0.35% ETH $2,699 -0.73% BNB $780.33 -0.99% XRP $1.50 -0.77% SOL $121.27 -0.02%
Bitcoin Via Decrypt

Bitcoin ETFs See $134 Million Inflow as ‘Uptober’ Begins

Bitcoin ETFs — Spot Bitcoin exchange-traded funds (ETFs) recorded a net inflow of $134.4 million over the first two trading days of October, marking a positive start to the month often referred to as ‘Uptober’ by crypto traders.

The inflows, reported on October 4, 2026, represent a rebound from a net outflow recorded on September 30. Market analysts cited a weaker-than-expected U.S. jobs report as a key factor, as it cooled investor expectations for further Federal Reserve interest rate hikes.

Bitcoin’s price traded above $86,000, showing modest gains alongside the positive ETF flow data. The broader crypto market also saw green, with major assets like Ethereum and Solana posting increases.

The renewed institutional demand suggests a shift in sentiment following recent outflows, with traders watching macroeconomic data for further cues on monetary policy and its impact on digital asset markets.

Original reporting: Decrypt