Bitcoin ETFs Gain $241 Million in Third Week of Inflows

U.S. spot Bitcoin exchange-traded funds (ETFs) continued their streak of positive performance last week, attracting $241 million in net inflows. This marks the third consecutive week of inflows for these products, highlighting sustained interest from institutional investors.

According to data reported by Wu Blockchain on October 5, the net inflows occurred between September 28 and October 2. The trend underscores growing confidence in Bitcoin as an asset class among large investors.

In contrast, U.S. spot Ether ETFs experienced net outflows of $138 million during the same period. This divergence suggests differing investor sentiments between Bitcoin and Ether in the current market environment.