Spot Bitcoin ETFs Draw $134.4M Inflows to Start October
Key Facts
Spot Bitcoin ETFs in the United States recorded $134.4 million in net inflows during the first two trading days of October. Decrypt reported that the inflows represent a rebound following an outflow on September 30, marking a positive start to the month often referred to as "Uptober" in crypto circles.
The recovery in inflows was supported by weak US jobs data, which cooled Federal Reserve rate-hike expectations after the economy added only 29,000 jobs in September and unemployment rose to 4.2%. According to Decrypt, the funds drew $102.7 million on Thursday and $31.7 million on Friday, bringing total net assets to $101.1 billion.
Latest Updates · 4
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Update: Recent data shows that short-term holders added 87,000 BTC to their holdings during the 30-day period ending October 4, 2026. The average cost basis for these investors rose to approximately $74,100, indicating increased accumulation alongside the ETF inflows.
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Update: Bitcoin ETFs recorded their third consecutive week of net inflows, sustaining positive momentum for the leading cryptocurrency. In contrast, Ether ETH ETFs saw a divergence in investor sentiment, recording total outflows of $138 million.
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Update: Bitcoin BTC price rallied to surpass the $86,000 level during the weekend on October 4, 2026. This price increase coincided with continued positive inflows into spot exchange-traded funds.
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Update: Bitcoin prices rallied as European demand outpaced US interest in early October 2026. This shift in market dynamics is driven by regulatory clarity and innovative financial products in Europe, contributing to the cryptocurrency's global momentum.