Bitcoin ETFs gain $21M after shedding $681M – Can CPI rescue Uptober?

etf

U.S. spot Bitcoin ETFs recorded $21 million in net inflows after losing $681 million over the preceding four sessions, a modest reversal that does not yet signal a sustained recovery. Investors were looking to upcoming U.S. CPI data for clues on inflation and interest rates, which could influence risk appetite and Bitcoin’s near-term direction. The rebound offers limited support for an “Uptober” rally unless inflows strengthen and macro conditions prove favorable.

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