Bitcoin spot ETFs notch a fourth straight day of inflows, even as momentum cools

U.S. spot bitcoin exchange‑traded funds logged a fourth consecutive day of net inflows through Thursday, October 29. The latest daily net intake was modest at about $17 million, the smallest of the recent streak, but still marked a clear tilt toward buying. Fresh money went mainly into the largest products, such as BlackRock’s IBIT, while outflows from smaller funds, including a mini trust run by Grayscale, partly offset the totals. Since their launch in early 2024, spot bitcoin ETFs have attracted tens of billions of dollars, drawing traditional brokerage and retirement‑account investors into the asset class.

Bitcoin’s price, meanwhile, has cooled slightly after trading near the $80,000 mark, and the pace of ETF inflows has slowed from earlier in the month. Strategists note that these vehicles are anchoring a base of longer‑term holders, but short‑term price action remains highly sensitive to macro developments and regulatory headlines. Moves in interest‑rate expectations or a major exchange cyber incident can quickly swing sentiment. For now, the steady—if smaller—inflows suggest that institutional and retail allocators are still willing to add incremental bitcoin exposure on dips rather than rushing for the exits.