Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, US-listed spot Bitcoin exchange-traded funds (ETFs) kicked off October with billions in inflows, a crypto executive predicted the Bitcoin price cycle will endure, and the United Kingdom’s Financial Conduct Authority (FCA) prepares to reverse its ban on crypto exchange-traded notes (ETNs) for retail investors.
US-listed spot Bitcoin ETFs began the historically bullish month of October with their second-best week of inflows since launch, signaling renewed investor optimism.
Spot Bitcoin (BTC) ETFs recorded $3.24 billion worth of cumulative net positive inflows over the past week, nearly matching their record of $3.38 billion in the week ending Nov. 22, 2024, according to data from SoSoValue.
