Bitcoin, Ethereum ETFs draw in over $1B as market rebounds ahead of bullish October 📈
Bitcoin and Ethereum spot ETFs combined witnessed net inflows of $1.06 billion on September 29th, signifying a renewed interest from institutional investors. Historically, October has been a favorable month for Bitcoin and other major cryptocurrencies, sparking optimism for further market upward trends.
This sudden inflow suggests a potential resurgence in the interest toward these digital assets, as investors prepare for a possibly bullish season ahead. The influx of investments into these ETFs underscores the belief of many market participants that the crypto market is poised for growth in the coming month.
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