Bitcoin ETFs See $28.7 Million Inflows After Record Losses

US-listed spot bitcoin (BTC) exchange-traded funds (ETFs) recorded net inflows of just over $28.7 million yesterday, ending a streak of record outflows of $1.2 billion.

ETFs, which have been losing money since Aug. 27, saw net inflows for the first time in September, as traders warned of a bearish outlook for the leading cryptocurrency. The outflows from ETFs indicate a lack of fresh demand from professional investors.

The outflows brought net inflows back below $17 billion, levels last seen in July, while BTC prices have fallen by about 15% in the past two weeks.

Despite all that has happened, some traders continue to expect bullish sentiment.

The CoinDesk 20 (CD20) Index is trading at 1,800, up 2.3%.

BTC, on the other hand, is trading around $56,500, having fallen from $57,000 before the CPI and PPI announcements and the Donald Trump and Kamala Harris match.

Polymarket traders are fairly confident that the candidates will not mention crypto during the debate, with Harris being rated at 11% and Trump at 13% if he mentions anything related to crypto.

Investors expect the discussion to last longer than planned. According to Polymarket contracts, there is only a 30% chance that the program will end at 22:30.

During the same period, several leading AI tokens are turning green, with the AI ​​category on CoinGecko gaining 10%.

Lido DAO’s LDO token is up 6.3%, bringing liquid staking tokens to the forefront. Lido’s rival Rocket Pool’s RPL token is up over 20% as Binance Futures announced the launch of leveraged perpetual contracts. Despite all this, the total value locked in RPL hasn’t increased much, still sitting at just over $2.9 billion, DefiLlama data shows.