Bitcoin ETFs Record $134.4M Inflows in Early October

U.S. spot Bitcoin exchange‑traded funds (ETFs) saw a strong start to October, pulling in $102.7 million on Thursday and a further $31.7 million on Friday, according to Decrypt’s Bitcoin ETF tracker. The combined $134.4 million net inflow follows a $148.7 million outflow on Sept. 30 that ended a nine‑session inflow streak that began on Sept. 17.

October’s Early Boost

The inflows arrived after a soft U.S. jobs report showed only 29,000 jobs added in September and unemployment rising to 4.2%. CME FedWatch’s odds of an October rate hike fell to 14% from 70% earlier in the week, easing pressure on the Federal Reserve and supporting risk‑on assets such as Bitcoin.

“Uptober” Momentum

Analyst Stephen Wundke of Algoz noted that October has historically been one of Bitcoin’s strongest months, averaging an 18% gain over the past decade. Traders appear to view the current environment as offering more upside than downside, a sentiment echoed by Myriad’s prediction market, which places a 93% chance that Bitcoin will not set a new all‑time high in 2026.

Broader ETF Landscape

September remained the second‑best month for spot Bitcoin ETFs since October 2025, with $2.65 billion net inflows, per SoSoValue data. Cumulative net inflows since the funds launched now stand at $58.1 billion, and total net assets are $101.1 billion, according to Decrypt.

Key facts

• Thursday inflow: $102.7 million
• Friday inflow: $31.7 million
• September 30 outflow: $148.7 million
• Year‑to‑date ETF inflows under $1 billion
• Next data points: CPI on Oct. 14, Fed meeting Oct. 28