1US-listed spot Bitcoin ETFs added $137 million on Wednesday, extending their daily inflow streak to three days.
2The recent inflows pushed October net flows for Bitcoin ETFs back into positive territory at $111 million.
3The rebound occurred as the US Federal Reserve kept its benchmark interest rate unchanged.
4Ether ETFs experienced further withdrawals, shedding $21 million and bringing October net outflows to $1.35 billion.
5Analyst commentary noted that Bitcoin's near-term performance may depend on macroeconomic factors like Treasury yields and broader risk sentiment.
Key takeaway
Spot Bitcoin ETFs saw a return of positive inflows helping offset earlier monthly losses, while Ether products continued to experience capital withdrawals.
Short-term impact (days–weeks)
● NEUTRAL
Prices may fluctuate based on upcoming macroeconomic data releases and market sentiment.
Medium-term impact (1–3 months)
● NEUTRAL
Broader trends will likely depend on ongoing institutional ETF flows and Federal Reserve policy decisions.
Key risks
Uncertainty surrounding macroeconomic factors like Treasury yields and the US dollar.
Continued outflows from Ether investment products.
Inflation remaining above the central bank's target rate.
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