Bitcoin & Ethereum ETFs See $510M Inflows on Oct. 8
Bitcoin and Ethereum ETFs witnessed a combined $510M inflow on Oct. 8, signaling strong investor confidence.
- $440.7M flowed into Bitcoin ETFs in one day
- Ethereum ETFs also saw $69.1M in inflows
- Institutional demand remains strong for top crypto assets
On October 8, Bitcoin exchange-traded funds (ETFs) recorded a significant inflow of approximately $440.7 million. This surge highlights continued interest from institutional and retail investors in Bitcoin as a long-term asset. With increased regulatory clarity and rising optimism around potential spot Bitcoin ETF approvals in the U.S., investment firms are ramping up exposure to the leading cryptocurrency.
This spike in flows comes as Bitcoin maintains its position above key psychological levels, with traders closely watching market momentum and broader macroeconomic factors.
Ethereum ETFs Attract $69M in a Single Day
Ethereum-based ETFs also posted impressive numbers, with $69.1 million in inflows on the same day. While Ethereum continues to trail Bitcoin in institutional adoption, the growing interest in ETH-related investment vehicles shows confidence in the asset’s long-term utility and potential upside.
The inflow numbers also reflect the broader sentiment that Ethereum, with its staking capabilities and smart contract infrastructure, remains a vital player in the crypto space.
Strong Institutional Demand Signals Bullish Sentiment
Combined, Bitcoin and Ethereum ETFs brought in over $510 million in a single day—a clear indicator that investor sentiment is shifting toward optimism. These flows are typically led by large institutions and signal growing mainstream acceptance of crypto assets as viable components of diversified portfolios.
As regulatory frameworks evolve and more ETF products hit the market, such substantial inflows could become a regular occurrence, further strengthening the crypto market.
