Bitcoin ETFs add $137M, pushing October back into the green

US-listed spot Bitcoin exchange-traded funds (ETFs) extended their daily inflow streak to three on Wednesday, pushing October back into positive territory with two trading sessions left in the month.Bitcoin (BTC) ETFs attracted $137 million on Wednesday, bringing their three-day inflows to roughly $424 million and October’s net inflows to $111 million, according to SoSoValue data.October’s cumulative net flows remained negative through Tuesday, after nearly $774 million flowed out over the final two trading days of the previous week.The Bitcoin ETF rebound coincided with the US Federal Reserve keeping its benchmark interest rate unchanged at a target range of 3.75% to 4% on Wednesday. Fed Chair Kevin Warsh warned that inflation remained above the central bank’s 2% target.“With limited new direction from the Fed, Bitcoin’s near-term performance may depend more heavily on Treasury yields, dollar movements and broader risk sentiment,” Bitget analyst Lewis Huang said. Bitcoin traded at $79,848 at the time of writing, down around 1% over the past 24 hours, according to CoinGecko. Market sentiment remained unchanged, with the Crypto Fear & Greed Index holding at 51, or “Neutral,” for...