Bitcoin ETFs Bring In $241M To Kick Start Uptober

Investors bought over $241 million in U.S. bitcoin exchange-traded funds last week, the third consecutive week of inflows that has helped keep the leading cryptocurrency’s price up during the start of so-called “Uptober.”

Data from Farside Investors shows that money hit the popular funds every day — apart from on Wednesday, when speculators pulled out nearly $149 million from the vehicles.

The price of bitcoin now is up close to 7% over a 30-day period, and was recently priced at $85,605.