Bitcoin ETF investments are rebounding after October’s market crash, with $524 million in US spot ETF inflows on Tuesday, the highest since Oct. 7. This signals renewed risk appetite among investors, especially after the significant crypto market crash on Oct. 10. Smart money traders are adding millions in long Bitcoin positions, showing growing optimism in the market.

The US Senate’s approval of a funding package to end the government shutdown inspired a bullish sentiment among traders, leading to a repositioning for more upside. Despite concerns about the end of the bull cycle, analysts believe Bitcoin’s current correction is healthy and may pave the way for renewed institutional entry. Sustained inflows from Bitcoin ETFs suggest that investor demand for digital assets is returning after the crash.

Bitcoin ETFs have mainly seen outflows since the October crash, reaching up to $700 million in daily outflows, indicating a de-risking phase among ETF investors. Ether ETFs saw $107 million in outflows, while Solana ETFs extended their winning streak with $8 million in net positive inflows. This data points to a shifting landscape in the crypto ETF market.

Read more at Cointelegraph: Bitcoin ETFs Amass $524M, Best Day Since $19B Crypto Market Crash