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Yes—the first U.S. spot Bitcoin ETF trading session of October was positive. These funds recorded $102.7 million in net inflows on Thursday, October 1, 2026, according to Cointelegraph’s report of SoSoValue data. The often-cited $134.5 million figure belongs to a different day: Friday, September 25.

Which ETF flow figure belongs to which date?

The headline combines two separate sessions. The late-September figure describes September 25; “starts green” describes the first U.S. ETF trading day in October, October 1.

U.S. spot Bitcoin ETF session Reported net flow Source
Friday, September 25, 2026 $134.5 million in net inflows The Block, reporting SoSoValue data
Wednesday, September 30, 2026 $148.7 million in net outflows Cointelegraph, reporting SoSoValue data
Thursday, October 1, 2026 $102.7 million in net inflows Cointelegraph, reporting SoSoValue data

So October opened with a positive session, but not after an uninterrupted run of daily inflows: September 30 was negative. These are aggregate net flows into and out of U.S.-listed spot Bitcoin ETFs, not a direct measure of all Bitcoin buying.

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How strong was the late-September flow?

The September 25 inflow was the fifth session of a week in which U.S. spot Bitcoin ETFs reportedly received about $2.4 billion in net inflows, according to The Block’s report citing SoSoValue data. Daily inflows had declined over the week, from $999.0 million on Monday to $134.5 million on Friday. A positive final session therefore came amid a substantial weekly total, but with a smaller daily inflow than at the start of that week.

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The Block also reported about $2.65 billion in September net inflows. The late-September weekly flows brought 2026 year-to-date net flows to about $934.1 million positive, reversing a deficit of roughly $5.8 billion reported as recently as July 13. These are reported aggregate figures; the underlying SoSoValue dataset was not independently audited in the cited coverage.

Does “Uptober” mean Bitcoin is likely to rise?

No. “Uptober” is a crypto-market nickname, not a forecast. Crypto.com reports that Bitcoin closed higher in 10 of the last 13 Octobers, with an average gain of almost 20%. That is a historical pattern as summarized by Crypto.com—not a guarantee for October 2026, and not evidence that ETF inflows cause prices to rise.

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ETF flow totals can indicate whether money entered or left the funds during a session, but they do not by themselves explain Bitcoin’s price movement or establish what happens next. For context, follow the price alongside daily and cumulative ETF flows, and watch broader market conditions such as Federal Reserve expectations and Treasury yields. These are factors to monitor, not a proven predictive formula.

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