#Bitcoin ETFs Surge $2.7B in 'Uptober' Despite Tariff Worries⏰

Recent trends 📊in the cryptocurrency market highlight a surge in demand for Bitcoin ETFs, driven by institutional investors eager to capitalize on market momentum. As "Uptober" continues, inflows into Bitcoin spot ETFs have reached notable levels, reflecting growing confidence in digital assets amidst ongoing geopolitical and macroeconomic concerns.

This movement underscores the increasing acceptance of crypto investment products within traditional finance, signaling a pivotal moment for the broader adoption of blockchain-based assets. ♉

1. Bitcoin ETF inflows surged to $2.71 billion in the week, marking a strong institutional interest in October.

2. Total assets under management for Bitcoin ETFs now stand at nearly $159 billion, representing about 7% of Bitcoin's market cap.

3. Monday saw the highest single-day inflow at $1.21 billion, the second-largest since launch.

4. Market jitters caused a minor outflow of $4.5 million amid geopolitical tensions involving potential U.S.-China trade tariffs.

5. Over 30 crypto ETF applications have been filed with the SEC in just October, indicating potential for further market expansion.

Strong Weekly Inflows Signal Institutional Confidence US spot Bitcoin ETFs experienced another remarkable week, with weekly inflows totaling $2.71 billion, reflecting robust institutional appetite for digital assets. According to data, the total assets under management (AUM) now reach assets under management (AUM) now reach approximately $159 billion, accounting for nearly 7% of Bitcoin's overall market capitalization.

The peak inflow day was Monday, when ETF funds saw a staggering $1.21 billion in net deposits-the second-highest daily total since their inception. Tuesday continued the trend with an additional $875.61 million inflow, further affirming investor confidence.

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