Bitcoin ETFs See $5.06M Inflows as BTC Price Eyes a Strong Move to $87K

Spot Bitcoin ETFs recorded $5.06 million in net inflows on October 15, while spot Ethereum ETFs experienced $60.22 million in net outflows, according to SoSoValue. BlackRock’s IBIT led Bitcoin funds with $16.79 million in inflows, while its ETHA fund recorded $44.39 million in outflows. Meanwhile, crypto analyst GronMago identified $83,400 as Bitcoin’s next upside target, with $87,000 in focus if BTC breaks and consolidates above resistance. According to SoSoValue, U.S. spot Bitcoin ETFs recorded $5.06 million in total net inflows on October 15. BlackRock’s IBIT attracted $16.79 million, exceeding the category’s overall net result. This suggests that withdrawals from other Bitcoin funds offset part of IBIT’s gains. Spot Ethereum ETFs followed a different trend, recording $60.22 million in net outflows.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.