{"id":235948,"date":"2026-10-05T19:31:30","date_gmt":"2026-10-05T19:31:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=235948"},"modified":"2026-10-05T19:31:30","modified_gmt":"2026-10-05T19:31:30","slug":"bitcoin-etfs-bring-in-241m-to-kick-start-uptober","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=235948","title":{"rendered":"Bitcoin ETFs Bring in $241M To Kick Start \u2018Uptober\u2019"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin ETFs Bring in $241M To Kick Start \u2018Uptober\u2019<\/a><\/p>\n

<\/div>\n

Investors bought over $241 million in U.S. bitcoin exchange-traded funds last week, the third consecutive week of inflows that has helped keep the leading cryptocurrency\u2019s price up during the start of so-called \u201cUptober.\u201d\u00a0<\/p>\n

Data from Farside Investors shows<\/a> that money hit the popular funds every day \u2014 apart from on Wednesday, when speculators pulled out nearly $149 million from the vehicles.\u00a0<\/p>\n

The price<\/a> of bitcoin now is up close to 7% over a 30-day period, and was recently priced at $85,605.\u00a0<\/p>\n

\n

JUST IN: U.S. Spot Bitcoin ETFs took in $241.1 million last week, completing the third consecutive week of positive net inflows pic.twitter.com\/imYO76nqvd<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) October 5, 2026<\/a>\n<\/p><\/div>\n

Last week, BlackRock\u2019s iShares Bitcoin Trust took in the lion\u2019s share of investment, receiving over $450 million in fresh cash.\u00a0<\/p>\n

Funds managed by Fidelity and Morgan Stanley also experienced significant trading action and inflows.\u00a0<\/p>\n

Bitcoin\u2019s price is often buoyed by investors buying shares of the U.S. ETFs. The funds give investors easy exposure to the asset via shares they can buy on their brokerage accounts.\u00a0<\/p>\n

Bitcoin\u2019s price started rallying in August after the U.S. Treasury Department said<\/a> it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever.\u00a0\u00a0<\/p>\n

The coin\u2019s price has recently benefited from the so-called debasement trade: when investors buy certain assets to hedge against currency being devalued. The dollar slid in value in August.\u00a0<\/p>\n

It continued to have a good September, rising nearly 6% over a 30-day period.\u00a0<\/p>\n

Bitcoin in the third quarter of this year had its best three months since 2024.\u00a0<\/p>\n

And so far, the October phenomenon dubbed \u201cUptober\u201d is off to a good start: the month of October has historically delivered good returns for bitcoin investors.<\/p>\n

Data firm CryptoQuant said<\/a> in a September report last week that bitcoin was back in a bull market after crossing above its 365-day moving average, which the firm described as the \u201cdefinitive technical signal\u201d that has marked the start of the asset\u2019s rally in past cycles.<\/p>\n

Bitcoin\u2019s price touched a record of $126,080 in October last year before sliding following a massive liquidation event. It has spent most of 2026 in a bear market.\u00a0<\/p>\n

This post Bitcoin ETFs Bring in $241M To Kick Start \u2018Uptober\u2019<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin ETFs Bring in $241M To Kick Start \u2018Uptober\u2019 Investors bought over $241 million in U.S. bitcoin exchange-traded funds last week, the third consecutive week of inflows that has helped keep the leading cryptocurrency\u2019s price up during the start of so-called \u201cUptober.\u201d\u00a0 Data from Farside Investors shows that money hit the popular funds […]<\/p>\n","protected":false},"author":0,"featured_media":235949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-235948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/235948"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=235948"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/235948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/235949"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=235948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=235948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=235948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}