US spot Bitcoin ETFs draw $110 million inflows as market sentiment weakens

Spot Bitcoin exchange-traded funds (ETFs) listed in the United States saw a return to net inflows on Monday, attracting $110 million in fresh capital, according to data released by SoSoValue. This development followed two consecutive sessions of significant redemptions that totaled $774 million. Despite the rebound in inflows, the month of October maintained a negative trend for spot Bitcoin ETFs, with overall net outflows reaching $202 million through Monday’s trading session. The recent net inflows suggest a possible shift in investor sentiment, but market conditions remain uncertain.