The Bitcoin ETF has concluded the fourth week of October with a significant positive inflow, marking the third consecutive week of gains. This trend underscores a growing bullish sentiment in the market.
Over the past four out of five weeks, the BTC ETF has experienced positive inflows, collectively amounting to $1,076.7 million. This notable growth highlights investors' increasing confidence in Bitcoin-backed financial products.
Such sustained inflows into the Bitcoin ETF suggest that more investors are turning to these vehicles as a way to gain exposure to Bitcoin's price movements without directly purchasing the cryptocurrency itself.
