Bitcoin ETFs pull in $137 million and flip October back to inflows, while ether funds lose $170 million in three days

Money is trickling back into bitcoin funds. US spot bitcoin exchange-traded funds drew a net $137 million on Wednesday, the day the Federal Reserve held rates, according to SoSoValue data cited by Cointelegraph and The Cryptonomist. It was the third day of inflows in a row, worth about $424 million together, and it lifted October's net flows to about $111 million, after nearly $774 million left the funds in the final two trading days of last week.

Ether funds went the other way. Spot ether ETFs had net outflows of about $21.4 million on Wednesday, with BlackRock's ETHA losing about $44.8 million, partly offset by inflows elsewhere, crypto.news reported. That followed outflows of about $88.6 million on Monday and $60.2 million on Tuesday, about $170 million over the three sessions, and Cointelegraph puts ether ETF outflows for the month at about $1.35 billion.

Bitcoin traded at about $80,159 early Thursday UTC, in an overnight range of $79,636 to $81,698, according to CoinGecko data cited by CryptoTicker. By that measure it is down about 4.1% since October 1, a smaller drop than ether's 13.7% or solana's 15.2%. Ether traded near $2,318 later on Thursday, according to crypto.news.