Bitcoin ETFs See $430M Inflow as US Government Shutdown Fuels Safe-Haven Demand

Bitcoin exchange-traded funds (ETFs) have recently seen a surge in investor appetite, recording a net inflow of $430 million on Sept. 30 alone. The funds brought the cumulative inflow to over $950 million in just two trading sessions this week. This turnaround comes after a week that mostly saw outflows, weighing heavily on market sentiment. The fresh wave of institutional demand has helped stabilize Bitcoin’s price, which is currently trading around $114,500. Government Shutdown: Demand to Grow for Al ...