Bitcoin ETFs Snap Two-Week Losing Streak Despite Late-Week Slide

Spot Bitcoin Exchange-Traded Funds (ETFs) registered a significant turnaround, concluding the week with approximately $301 million in net inflows. This positive influx effectively brought an end to a preceding two-week period that had been characterized by net outflows. Despite this weekly recovery, the broader picture for the month of October remained in the red, largely due to two consecutive days of outflows that occurred towards the end of the reporting week. This indicates a fluctuating yet notable institutional interest in Bitcoin investment vehicles.