Key Notes

BlackRock’s IBIT led spot Bitcoin ETF inflows, pulling in $2.63 billion last week.

October has already seen over $5 billion in net Bitcoin ETF inflows.

After a brief crash, BTC has rebounded to trade above $115,000 with surging trading volume.

Last week, from Oct. 6 to Oct. 10, spot Bitcoin ETFs recorded $2.71 billion in net inflows, reflecting strong institutional confidence in cryptocurrency’s long-term potential. BlackRock’s iShares Bitcoin Trust (IBIT) took the lead, contributing $2.63 billion alone.

According to data from SoSoValue , IBIT’s net assets now stand at $94 billion. Related article: Arthur Hayes: Bitcoin 4-Year Cycle Is Now Dead

BTC ETFs continue to dominate investor sentiment in October. So far this month, the market has seen inflows every day except fo

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