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Bitcoin ETFs Recover from October Losses

U.S. spot Bitcoin ETFs have drawn $1.07 billion over three sessions, reversing October's losses. BlackRock's IBIT ETF took in $526.7 million on Monday, followed by $524.8 million on Wednesday, pushing October inflows to a gain of about $460 million. Ethereum ETFs, which had been losing $389 million over five days, saw $14.9 million in inflows on Wednesday, ending a streak of outflows. The cumulative net inflows for Bitcoin and Ethereum ETFs are $58.4 billion and $12.8 billion, respectively.

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