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Bitcoin Beats S&P 500 in Most Sessions, Loses Month

Bitcoin outperformed the S&P 500 in 10 of 18 October sessions, but overall fell 4.25% while the index rose 0.33%. Bitcoin's average edge in winning sessions was 0.71%, while its average shortfall in losing sessions was 1.44%, about twice as large. BlackRock's IBIT ETF saw a 92% share of net inflows in October, with corporate treasuries buying about $14.5 billion of Bitcoin and US spot ETFs seeing $5 billion of net outflows.

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