Key facts
- Bitcoin ETFs ended the week with $301 million in net inflows.
- US spot Bitcoin ETFs saw outflows totaling $137.9 million on Friday.
- Bitcoin fell 1.1% to $80,490.
- Traders give Bitcoin a 43% chance of dropping to $77,500 this month.
US spot Bitcoin ETFs finished the week with net inflows of approximately $301 million, breaking a two-week losing streak. This positive weekly performance came despite outflows of $137.9 million on Friday, marking the second consecutive day of outflows. These outflows partially offset earlier inflows from Monday to Wednesday, which totaled $1.07 billion. For the month of October, Bitcoin ETFs are down about $314 million, though cumulative net inflows since their January debut stand at $57.6 billion. Ethereum ETFs experienced weekly losses of about $221 million, contributing to a roughly $1.18 billion deficit for October. Solana ETFs also saw outflows for the month. Bitcoin's price declined 1.1% over 24 hours to $80,490 on Saturday, with traders on the Myriad prediction market increasing the odds of a drop to $77,500 to 43%.