Bitcoin ETFs Sustain Strong October Performance with $2.71B Weekly Inflows

U.S. spot Bitcoin ETFs continued their record-breaking “Uptober” streak with $2.71 billion in net inflows last week, even as President Trump’s new China tariff announcement briefly rattled markets. The data underscores how institutional demand for Bitcoin remains resilient despite macroeconomic volatility.

• Bitcoin ETFs drew $2.71B inflows in a single week, sustaining Uptober momentum.
• Total AUM rose to $158.96B, nearly 7% of Bitcoin’s total market cap.
• Monday saw $1.21B inflows, the second-largest day ever for spot BTC ETFs.
• Trump’s 100% China tariff news caused a brief $4.5M daily outflow.
• BlackRock’s IBIT led with $74.2M inflows, while Fidelity and Grayscale posted redemptions.
• Over 31 new crypto ETF filings were submitted to the SEC in just two months.

Despite recent market turbulence, U.S. spot Bitcoin ETFs are maintaining strong inflow momentum as October — nicknamed “Uptober” by traders — continues to live up to its reputation. Data from SoSoValue shows that Bitcoin ETFs attracted $2.71 billion in inflows for the week ending Friday, pushing total assets under management (AUM) to $158.96 billion, or nearly 7% of Bitcoin’s total market cap.

Institutional appetite for digital assets is showing no signs of slowing down. Vincent Liu, CIO at Kronos Research, told Cointelegraph that capital continues to pour in as major funds “double down on the digital gold conviction trade.” According to Liu, liquidity is rising alongside broader market optimism, with allocators increasingly viewing Bitcoin as a hedge amid economic uncertainty.

The strongest day of the week came on Monday, when inflows surged to $1.21 billion — the second-largest single-day inflow since the ETFs launched earlier this year. Tuesday followed with another $875.61 million, showing that institutional accumulation remains consistent.

Spot Bitcoin ETFs see weekly inflows. Source: SoSoValue

However, the rally temporarily paused on Friday, when President Donald Trump announced 100% tariffs on Chinese imports, sparking market jitters. That led to a brief $4.5 million outflow from Bitcoin ETFs as traders reacted to fears of a global trade war. Despite the dip, inflows quickly resumed, indicating that long-term investor conviction remains strong.

Among issuers, BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $74.2 million in daily inflows and a cumulative $65.26 billion AUM, maintaining its lead over rivals. Meanwhile, Fidelity’s FBTC and Grayscale’s GBTC recorded modest redemptions of $10.18 million and $19.21 million, respectively.

Liu suggested that the market largely views Trump’s tariff stance as “a negotiation tactic rather than a policy pivot.” He added, “Markets may flinch short term, but smart money knows the game — this is macro noise, conviction unchanged.”

The ongoing ETF momentum coincides with a surge of new institutional interest. In the past two months alone, 31 new crypto ETF applications were filed with the U.S. Securities and Exchange Commission (SEC) — 21 of them in the first eight days of October. Analysts have described this as the potential opening of the “floodgates” for digital asset funds, marking a turning point in the integration of crypto with traditional finance.

Final Thought

Even amid tariff-induced volatility, Bitcoin ETFs are attracting unprecedented institutional inflows. As Uptober unfolds, it’s becoming clear that ETFs are reshaping Bitcoin’s demand landscape, anchoring crypto firmly within mainstream finance — one billion-dollar inflow at a time.