US spot Bitcoin ETFs see $301 million in net inflows, reversing two-week outflow trend

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded approximately $301 million in net inflows last week, breaking a two-week run of outflows despite significant withdrawals toward the end of the week. The previous week, spot Bitcoin ETFs faced net outflows of around $228 million, following an even larger loss of $680 million the week before. October’s net outflows now stand at nearly $314 million based on data from Farside Investors. Between Monday and Wednesday, Bitcoin ETFs attracted $1.08 billion in inflows as Bitcoin’s price surged to a weekly high of $84,777 on Wednesday, according to CoinGecko data. However, sentiment changed rapidly as investors pulled out approximately $774 million on Thursday and Friday when Bitcoin fell back toward the $80,000 level.

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