Spot Bitcoin ETFs Log a Second Straight Day of Buying as Fear Starts to Fade

US spot Bitcoin funds pulled in about $176 million on Tuesday, building on Monday’s $110 million for a two day haul of $286 million, based on Blockto figures. The buying followed heavy selling at the end of last week, when roughly $774 million left the products over Thursday and Friday. That swing has put the funds back in a better position after a shaky stretch.

October Flows and Year to Date Totals

The new money has trimmed the monthly deficit to around $26 million through Tuesday, a big improvement from earlier in the week. For the year, net inflows still sit near $850 million, which shows that demand has held up despite the recent turbulence.

Crypto Fear and Greed Index Moves Back Up

Sentiment improved slightly, with the index rising to 46 from 43 a day earlier. It stays in the neutral band, though it remains well under the reading of 63, which counted as greed, one week ago.

Ether ETFs Still See Money Leaving

The picture for Ethereum products is weaker. US spot Ether funds lost about $149 million in net outflows across Monday and Tuesday, following four straight weeks of withdrawals.