On the second trading day of the week, spot Bitcoin 
$78,698 ETFs traded in the US attracted a net inflow of $477.2 million, marking a positive shift after recent withdrawals. This resurgence has renewed institutional investors’ confidence in cryptocurrencies. According to Nick Ruck, Director of LVRG Research, this inflow represents a signal of stability for institutions seeking portfolio diversification.
Institutional Capital Returns
SoSoValue data indicates that 9 out of the 12 spot Bitcoin ETFs in the US ended the day with positive inflows. BlackRock’s IBIT attracted $210.9 million, Ark & 21Shares’ ARKB took in $162.8 million, and Fidelity’s FBTC secured $34.15 million. On the Ethereum 
$2,315 front, a net inflow of $141.6 million was observed, with Fidelity’s FETH leading the pack with $59 million.
In recent days, trade tensions between the US and China led to over $1 billion in outflows from crypto-based investment products. However, Tuesday’s inflows bolstered total trading volume to $7.41 billion. This surge, ranging between $5 billion to $9.78 billion throughout October, far exceeds September’s $2-4 billion range, reflecting rapidly increasing institutional interest.
Bitcoin Gains Momentum as Gold Falls
According to LVRG’s analysis, the growing trading volumes signal a renewed appetite for risk towards cryptocurrencies. Nick Ruck stated that strengthening institutional participation is deepening liquidity, with investors pursuing both returns and protection.
Moreover, Ruck expressed that demand for gold has peaked, and investors are likely turning to cryptocurrencies for alternative risk-reward opportunities. Spot gold prices fell by 5.9% on Tuesday, marking the steepest daily drop since 2020. Analysts suggest this development could amplify possibilities for a vigorous rally in Bitcoin.
Market data indicates a steady trend. As of the report, Bitcoin was trading at $108,450, up 0.18% in the last 24 hours, while Ethereum was trading at $3,869, down 0.19%.
