DECRYPT · 2026-10-04 15:01 UTC

'Uptober' Starts Green as Bitcoin ETFs Draw $134 Million

U.S. spot Bitcoin ETFs drew $134.4 million in net inflows in the first two days of October ($102.7M Thursday, $31.7M Friday), following a $148.7M outflow on Sept. 30. A soft jobs report showing 29,000 jobs added and 4.2% unemployment reduced October rate-hike odds to 14% from 70%, favoring risk assets like Bitcoin. Bitcoin briefly tested $87,173 on Friday near its September high of $87,354 but traders on Myriad give a 93% chance Bitcoin won't hit a new all-time high in 2026.

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