Bitcoin ETFs Record $3.2B Inflows in Uptober’s Second-Strongest Week
Bitcoin exchange-traded funds (ETFs) have kicked off October with a surge in investor activity, drawing a combined $3.2 billion in inflows over the past week. The figure represents the second-largest weekly total on record, signaling renewed optimism across the crypto market.
According to data from Farside Investors, major funds led the charge, with BlackRock’s iShares Bitcoin Trust (IBIT) capturing the biggest share of investments. The strong performance comes amid rising expectations that Bitcoin could rally further this month, continuing the bullish seasonal trend traders often refer to as “Uptober.”
Institutional demand appears to be playing a key role in the spike, as traditional investors increasingly use ETFs as an easier entry point into the Bitcoin market. Analysts note that sustained inflows could provide a strong foundation for further price growth if momentum continues.
BTC/USD, 1-day chart. Source: Cointelegraph/TradingView
Bitcoin ETFs Pull in $3.2B — Uptober Sees Second-Biggest Weekly Inflows Ever
Bitcoin exchange-traded funds (ETFs) have started October with a major surge, recording $3.2 billion in net inflows over the past week — the second-highest weekly total in history. The renewed momentum highlights growing investor confidence and sets a strong tone for the rest of “Uptober,” a month historically known for bullish Bitcoin moves.
Fresh data from Farside Investors shows that major U.S. funds were the driving force behind the spike. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the flow, taking in more than $1.6 billion alone. Other funds, including Fidelity’s Wise Origin Bitcoin Fund (FBTC) and Ark Invest’s ARKB, also posted solid numbers, helping to push total inflows to levels not seen since March 2024.
Institutional Appetite Returns
The uptick in ETF activity suggests that institutional players are stepping back into the market in a big way. ETFs offer a regulated and simple entry point for large investors, allowing them to gain Bitcoin exposure without directly handling the asset. This renewed appetite comes at a time when Bitcoin’s price has been testing key resistance levels, fueling speculation that a major breakout may be near.
Market watchers believe that the strong ETF performance could act as a price catalyst in the coming weeks. “Sustained inflows of this size can tighten supply and add upward pressure on Bitcoin’s price,” analysts noted, pointing out that most ETF issuers back their products with real BTC holdings.
Bitcoin monthly returns. Source: CoinGlass
Seasonal Trend Strengthens Market Sentiment
The impressive numbers arrive during “Uptober,” a nickname traders use to describe Bitcoin’s historically bullish performance during the month of October. Over the past decade, Bitcoin has closed the month in the green in seven out of ten years, making it one of the most positive periods for the asset.
This historical trend, combined with the sudden rush of institutional capital, has strengthened bullish sentiment. Many traders expect Bitcoin to continue its upward trajectory if ETF inflows remain steady and global macroeconomic conditions don’t shift dramatically.
A Strong Foundation for the Months Ahead
With inflows hitting record-breaking levels and institutional interest returning, the current ETF momentum could set the stage for a strong fourth quarter. Analysts are watching closely to see if these capital flows will help push Bitcoin toward new yearly highs before the end of 2025.
For now, Uptober is living up to its name — and Bitcoin ETFs are leading the charge.
Source: cointelegraph Edited by Sonarx