Bitcoin: $1.07B Enters ETFs in Three Days, but Price Drops

Spot Bitcoin ETFs in the US find buyers after several weeks of capital outflows. In three sessions, they attracted 1.07 billion dollars, thereby erasing losses recorded since early October. However, this investment recovery is not enough to support prices. The market remains under pressure as investors watch the upcoming Federal Reserve moves. This discrepancy raises questions about the strength of the current rebound. US spot Bitcoin ETFs recorded $524.8 million in inflows on Wednesday . This result extends a positive streak started on Monday, totaling about $1.07 billion in three sessions. Thanks to these new investments, funds have reversed their monthly balance. They now show a net gain of approximately $460 million in October. This development marks a turnaround after several difficult days for fund managers.

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