Bitcoin Price Surge Drives $6.3B in Q3 ETF Inflows
Bitcoin's price surge in Q3 has sparked significant interest in US spot ETFs, with net inflows reaching $6.34 billion.
This represents the strongest quarter for Bitcoin ETFs so far this year, as the cryptocurrency itself gained 42.71% during the period.
Despite September's net outflows of about $149 million, which snapped a nine-day inflow streak, Q3 marked a significant reversal from the second quarter's net outflows of around $5 billion.