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Bitcoin ETFs Erase October Losses With $1B

U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, according to Decrypt’s ETF tracker. That brought their three-session inflow streak to about $1.07 billion and put them up roughly $460 million for October, after losses of about $615 million through the previous Friday.

The inflows did not lift Bitcoin’s price: it traded at about $81,470 on Thursday, down 2.4% over 24 hours. Ethereum ETFs took in $14.9 million on Wednesday, ending a five-day outflow streak, but remained down about $1.07 billion for October. On Myriad, a prediction market developed by Decrypt’s parent company, traders put Bitcoin’s chance of topping $87,500 before October ends at 20%.

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