On October 4, US spot Bitcoin exchange-traded funds (ETFs) recorded their first inflow of the month, rebounding from outflows totaling $400 million in the initial three trading days.<\/strong><\/p>\n This uptick coincides with the release of a significant upgrade to Bitcoin Core, the open-source software that underpins the leading cryptocurrency.<\/p>\n According to SoSoValue data, Bitwise\u2019s Bitcoin ETF (BITB) led the inflows with a positive net flow of $15.3 million, followed by Fidelity\u2019s FBTC with $13.6 million. Ark 21Shares\u2019 ARKB and VanEck\u2019s HODL each saw inflows of $5.3 million. <\/p>\n In contrast, Grayscale\u2019s GBTC reported outflows of $13.9 million. Other issuers \u2014 such as BlackRock\u2019s iShares Bitcoin Trust (IBIT)<\/a> and Franklin Templeton Bitcoin ETF (EZBC) \u2014 recorded no inflows during this period. Meanwhile, IBIT remains the leading Bitcoin ETF<\/a> in the market, boasting over $21 billion in cumulative net inflows.<\/p>\n Read more:\u00a0How To Trade a Bitcoin ETF: A Step-by-Step Approach<\/a><\/strong><\/p>\n This development comes after a turbulent start to October for Bitcoin<\/a>. The top asset\u2019s price briefly fell below $60,000 during the week but recovered to around $62,000 amid geopolitical tensions in the Middle East<\/a>. <\/p>\n Despite the volatility<\/a>, market observers remain optimistic about Bitcoin\u2019s outlook for the fourth quarter. The analysts cite the top asset\u2019s strong macroeconomic support and rising institutional investments as reasons for their bullishness.<\/p>\n \u201cWhen you zoom into Bitcoin price seasonality by weeks instead of months, you can see that Uptober starts on the second week of October & it\u2019s the strongest period of the year. We are in week 40. The rocket takes off on week 41, next week, if the pattern holds,\u201d crypto analyst Gally Sama wrote<\/a>.<\/p>\n<\/blockquote>\n On October 5, Jameson Lopp, co-founder of the self-custody solution Casa, announced <\/a>the launch of Bitcoin Core version 28.0. This version<\/a> brings significant security enhancements and functionality improvements<\/a>. It also fixes bugs and introduces better privacy features for users.<\/p>\n The release follows a warning<\/a> last month from Bitcoin developers<\/a> about a high-risk vulnerability that affected one in six Bitcoin nodes. This flaw allowed malicious actors to carry out denial-of-service (DoS) attacks<\/a>, overloading nodes with excessive data requests and risking system crashes.<\/p>\n Read more:\u00a0Bitcoin (BTC) Price Prediction 2024\/2025\/2030<\/a><\/strong><\/strong><\/p>\n Bitcoin Core 28.0 addresses these issues and adds further security<\/a> protections. A key addition is support for reproducible builds, enabling advanced users to compile identical binaries directly from the Bitcoin Core website. This measure increases transparency and trust within the Bitcoin community.<\/p>\n Node<\/a> operators upgrading to version 28.0 should exit their current software version and back up their files before installing.<\/p>\n Disclaimer<\/p>\n In adherence to the Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our\u00a0Terms and Conditions<\/a>,\u00a0Privacy Policy<\/a>, and\u00a0Disclaimers<\/a>\u00a0have been updated.<\/p>\n<\/div><\/div>\n \n\t\t\t\t\t\tOluwapelumi Adejumo is a journalist at BeInCrypto, where he reports on a broad range of topics including Bitcoin, crypto exchange-traded funds (ETFs), market trends, regulatory shifts, technological advancements in digital assets, decentralized finance (DeFi), blockchain scalability, and the tokenomics of emerging altcoins. With over three years of experience in the industry, his works have been featured in major crypto media outlets such as CryptoSlate, Coinspeaker, FXEmpire, and Bitcoin…\n\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n \n\t\t\tOluwapelumi Adejumo is a journalist at BeInCrypto, where he reports on a broad range of topics including Bitcoin, crypto exchange-traded funds (ETFs), market trends, regulatory shifts, technological advancements in digital assets, decentralized finance (DeFi), blockchain scalability, and the tokenomics of emerging altcoins. With over three years of experience in the industry, his works have been featured in major crypto media outlets such as CryptoSlate, Coinspeaker, FXEmpire, and Bitcoin…\n\t\t<\/p>\n \t\t\t\t\t\t\tBitcoin ETF Sees First Inflow in October<\/strong><\/h2>\n
![\"bitcoins](\"https:\/\/beincrypto.com\/wp-content\/uploads\/2024\/10\/image-30.png\")
\n
Network Undergoes Key Core Update<\/h2>\n
![\"bitcoins](\"https:\/\/beincrypto.com\/wp-content\/uploads\/2023\/11\/Oluwapelumi-Adejumo.png\")
\n <\/p>\n
\n READ FULL BIO
\n\t\t\t\t<\/span>