Spot Bitcoin ETFs post 4th day of inflows as whales accumulate $148 million in BTC

Spot Bitcoin exchange-traded funds (ETFs) recorded net inflows for the fourth day in a row, driven by sustained buying interest, even as the broader cryptocurrency market has faced ongoing volatility. According to digital asset metrics provider SoSoValue, the total net inflow into spot Bitcoin ETFs reached $17.07 million on October 29. These consecutive net positive inflows suggest continued demand for Bitcoin through regulated investment products. While Bitcoin ETFs enjoyed steady capital inflows, spot Ethereum ETFs faced a markedly different trend. Investors pulled $105 million from spot Ethereum ETFs on the same day, also marking the fourth straight session of net outflows. This clear divergence signals that investor interest is skewing towards Bitcoin over Ethereum in current market conditions.

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