In the last full trading week ahead of the highly-anticipated US presidential elections, the 11 locally-based spot Bitcoin ETFs registered their best week in terms of net weekly flows since March.

At the same time, the asset’s price skyrocketed to almost a new all-time high, but lost a lot of momentum in the following days.

BTC ETFs on a Roll

It’s safe to say that October has been a particularly positive month for the spot Bitcoin ETFs. Their streak began on October 11, and they have seen only two days of net outflows out of a total of 16 since then. As reported last Sunday, the funds attracted slightly over $2 billion during that trading week, and the numbers only rose during this one.

Monday saw $479.4 million being poured in, followed by $870.1 million on Tuesday, and $893.3 million on Wednesday. After these two consecutive notable days, investors cooled off on Thursday ($32.3 million) and withdrew $54.9 million on Friday.

Overall, the total number for the trading week stands at $2,220.2 billion, according to Farside. This makes it the best week since March 11-15.

More good news came for BlackRock’s IBIT, which broke its record for best inflow day on Wednesday, with $872 million. It now has more than $26 billion in AUM after attracting another $315.2 million on Monday, $642.9 million on Tuesday, and $318.8 million on Thursday.

BTC’s price actions were impacted at the start of the week by the inflows, as the asset skyrocketed to $73,600 on Tuesday. However, it has lost over five grand in the following days, perhaps due to the sudden change of odds for the self-proclaimed pro-crypto US presidential candidate – Donald Trump.

And How Are ETH ETFs Doing?

After being live for trading since late July, it’s pretty obvious that the