Uptober Off to Strong Start as Bitcoin ETFs Draw $134M

U.S. spot Bitcoin ETFs drew $102.7 million on Thursday and another $31.7 million on Friday, according to Decrypt's tracker, bringing the total net inflows for October so far to $134.4 million.

This comes after a $148.7 million outflow on Sept. 30, which ended a nine-session streak of inflows that began on Sept. 17.

September was the funds' second-best month since October 2025, with $2.65 billion in net inflows, according to SoSoValue data.

'Uptober' is crypto shorthand for October's track record as one of Bitcoin's strongest months, with an average gain of 18% over the past decade.