Bitcoin ETFs surge with $1.07 billion inflow, erasing October losses

Ethereum ETFs snap five-day outflow streak but remain deeply negative for the month

By LineZotpaper

Published22 October 2026

Read Time2 min

U.S. spot Bitcoin exchange-traded funds (ETFs) took in $524.8 million on Wednesday, completing a three-day inflow streak totalling roughly $1.07 billion and flipping October’s net flows positive by about $460 million. The rebound follows two weeks of steep outflows and comes as J.P. Morgan Asset Management issued its first long-term Bitcoin forecast, projecting a 10% compound annual return over 10 to 15 years while cautioning about 55% volatility.

The three-day run wiped out the roughly $615 million in outflows Bitcoin ETFs had suffered through last Friday, leaving the funds up about $460 million for the month. Monday’s $526.7 million inflow, the strongest single day since September 22, came entirely from BlackRock’s IBIT.

Cumulative net inflows since the ETFs launched stand at $58.4 billion, with total net assets at $100.8 billion, according to data cited in the report. The buying spree follows a period in which the funds lost about $910 million over two weeks.

Despite the inflow surge, Bitcoin’s price slipped 2.4% over 24 hours to roughly $81,470 on Thursday, still up 2% on the week. Ethereum fell 2.6% to about $2,393. The total cryptocurrency market cap dropped 2.9% to $2.84 trillion.

Ethereum ETFs also saw a reprieve, taking in $14.9 million on Wednesday and ending a five-day outflow streak that had drained about $389 million. However, they remain deeply in the red for October, down roughly $1.07 billion so far. Cumulative net inflows for Ethereum ETFs stand at $12.8 billion.

Traders on Myriad, a prediction market developed by Decrypt’s parent company Dastan, give Bitcoin only a 20% chance of topping $87,500 before the end of October and a 9% chance of reaching $90,000. For Ethereum, Myriad users assign odds of Ethereum pumping to $3,000 before dropping to $1,500.

The Federal Reserve’s next meeting on October 27-28 is a near-term catalyst, with persistent inflation keeping the possibility of another rate hike on the table.

Analysis

Why This Matters

The rapid reversal in Bitcoin ETF flows shows that institutional demand for Bitcoin exposure remains resilient despite price volatility, restoring confidence after two weeks of heavy selling.
J.P. Morgan’s first long-term Bitcoin forecast signals that major Wall Street players are beginning to treat Bitcoin as a legitimate asset class, which could encourage broader adoption among conservative investors.
Ethereum ETFs’ continued outflows highlight a divergence in sentiment between Bitcoin and Ethereum, with ETH funds now down over $1 billion for October, a gap that may weigh on Ethereum’s near-term price outlook.

Background

Spot Bitcoin ETFs launched in the U.S. in January 2024 after years of regulatory battles. They allow investors to gain direct Bitcoin exposure through traditional brokerage accounts without holding the underlying asset. The funds quickly attracted billions in inflows, though they have experienced periodic waves of selling amid macroeconomic uncertainty and crypto price swings. Ethereum spot ETFs followed later in 2024 but have seen more inconsistent demand.

Key Perspectives

Bitcoin bulls: The three-day inflow streak and J.P. Morgan’s favorable long-term projection reinforce the narrative that Bitcoin is becoming a mainstream portfolio asset. Accumulation by institutional investors may provide a price floor even amid short-term headwinds. Ethereum investors: The small inflow for ETH ETFs is a welcome break from persistent outflows, but the month’s $1.07 billion loss suggests lingering wariness. Myriad traders appear evenly split on whether Ethereum will rally to $3,000 or slump to $1,500. Skeptics: Despite the inflows, Bitcoin’s price failed to rally and remains below $82,000. Prediction markets see limited upside for October, and the Fed’s tightening bias could pressure risk assets including crypto.

What to Watch

Bitcoin’s ability to hold above $80,000; another slip below that level could trigger renewed outflows.
The Federal Reserve’s rate decision on October 27-28 and any signals about future monetary policy, which directly affect speculative asset demand.
Whether Ethereum ETF inflows can sustain beyond a single day and break the negative monthly trend.

Sources

Bitcoin ETFs Erase October Losses With $1 Billion in Three Days · Decrypt

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11 claims in this story checked against 1 source: 11 supported.

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SupportedBitcoin ETFs received $1.07 billion over three days, erasing their October losses.Decrypt: “U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, bringing a three-day inflow streak to about $1.07 billion and flipping October positive by roughly $460 million.”
SupportedEthereum ETFs ended a five-day outflow streak but remained down about $1.07 billion for October.Decrypt: “Ethereum ETFs snapped a five-day outflow streak with a $14.9 million inflow but remain down about $1.07 billion for the month.”
SupportedBitcoin ETFs took in $524.8 million on Wednesday, bringing their three-day inflows to about $1.07 billion and October flows to roughly $460 million positive.Decrypt: “U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, bringing a three-day inflow streak to about $1.07 billion and flipping October positive by roughly $460 million.”
SupportedJ.P. Morgan Asset Management projected a 10% compound annual Bitcoin return over 10 to 15 years and cautioned about 55% volatility.Decrypt: “J.P. Morgan Asset Management this week projected a 10% compound annual return for Bitcoin over the next 10 to 15 years in its first long-term forecast for the asset, while cautioning about 55% volatility.”
SupportedBitcoin ETFs had lost about $615 million through last Friday and were then up roughly $460 million for October.Decrypt: “After shedding about $615 million through last Friday, the funds are now up roughly $460 million for October.”
SupportedMonday’s $526.7 million inflow was the funds’ best day since September 22 and came entirely from BlackRock’s IBIT.Decrypt: “Monday’s $526.7 million haul, the funds’ best day since Sept. 22, came entirely from BlackRock’s IBIT.”
SupportedBitcoin ETF cumulative net inflows were $58.4 billion, and total net assets were $100.8 billion.Decrypt: “Cumulative net inflows since launch stand at $58.4 billion, with total net assets at $100.8 billion.”
SupportedBitcoin fell 2.4% in 24 hours to about $81,470 on Thursday, while remaining up 2% for the week.Decrypt: “Bitcoin traded at about $81,470 on Thursday, down 2.4% over 24 hours but still up 2% on the week.”
SupportedEthereum fell 2.6% to roughly $2,393, and the total crypto market cap fell 2.9% to $2.84 trillion.Decrypt: “Ethereum fell 2.6% to roughly $2,393, and the total crypto market cap slipped 2.9% to $2.84 trillion.”
SupportedMyriad traders gave Bitcoin a 20% chance of topping $87,500 before October ended and a 9% chance of reaching $90,000.Decrypt: “Myriad traders give it only a 20% chance of topping $87,500 in October.”
SupportedThe Federal Reserve’s next meeting was scheduled for October 27–28, with persistent inflation keeping another rate hike on the table.Decrypt: “the Federal Reserve next meets on Oct. 27-28, with persistent inflation keeping another rate hike on the table.”