Bitcoin spot ETFs recorded a net inflow of $102 million, marking a reversal from the $148 million in net outflows recorded during the previous session. The positive daily flows followed strong contributions from several prominent funds, offsetting early-month losses.
According to data from Sosovalue, BlackRock’s IBIT saw $195 million in inflows, Grayscale’s GBTC recorded $14 million, and Morgan Stanley’s MSBT added $7 million. These gains outweighed a combined $24 million in outflows reported across five other funds at the start of October. The renewed accumulation builds on a strong period in September, which included net inflows surpassing $2.5 billion for the week ending September 25.
Exchange activity has also shifted alongside ETF capital flows. Spot Netflow fell to -$67 million, down from $353 million the previous day, reflecting a recovery in supply outflows from exchanges.
Amid these developments, Bitcoin experienced an upward move, successfully moving past the $85,000 level. At press time, BTC was trading around $86,272, registering a 3.3% increase on the daily charts after reaching a weekly high of $86,912. Market observers note that directional indicators currently lean bullish, though momentum remains relatively weak, with the Aroon Up indicator hovering around 21% following an eleven-day decline.
