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Decrypt· Decrypt Staff·· 9d ago

U.S. Spot Bitcoin ETFs bring three-day inflow streak to $1.07 billion, erasing October losses

Original source: DecryptRead original
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U.S. spot Bitcoin ETFs saw a $524.8 million inflow on Wednesday, extending the three-day inflow streak to approximately $1.07 billion, which has offset about $460 million of October's losses. This follows a $615 million loss through last Friday; cumulative net inflows since launch stand at $58.4 billion, with total net assets at $100.8 billion. Meanwhile, Ethereum ETFs saw a $14.9 million inflow on Wednesday, ending a five-day outflow streak, but remain down about $1.07 billion for the month. Bitcoin traded at about $81,470, down 2.4% over 24 hours, while J.P. Morgan Asset Management projected a 10% compound annual return for Bitcoin over the next 10 to 15 years.

Source: Decrypt · decrypt.co