✉news BusinessCrypto first seen 16 h ago, last 16 h ago, peak #35
Bitcoin ETFs pull in $134.4 million as Fed fears ease
Original: Bitcoin ETFs see $134.4M inflows in early October amid eased Fed rate hike fears
Spot Bitcoin ETFs recorded $134.4 million in net inflows in early October, a shift investors tie to easing concerns that the US Federal Reserve will raise interest rates further. Cooler rate-hike expectations typically support risk assets, and renewed institutional buying through ETFs is being read as a sign that appetite for Bitcoin is recovering after a cautious stretch.
Why now: The strong ETF inflows signal renewed institutional confidence in Bitcoin as macro pressure from potential Fed rate hikes fades.
BitcoinBitcoin ETFsUS Federal Reserve
Evidence
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