Bitcoin ETFs draw $6.3B in Q3 as BTC price rises nearly 43%

Bitcoin demonstrated a robust performance in the third quarter, achieving a 42.71% price increase. This marks its most successful third-quarter showing since 2017. A significant factor contributing to this growth was the strong institutional demand, as US spot Bitcoin Exchange-Traded Funds (ETFs) collectively attracted $6.34 billion in net inflows during the quarter.