Bitcoin ETFs pull in $1.08 billion over three days, lifting October flows
Briefing by News4U · First published
U.S. spot Bitcoin ETFs recorded $1.08 billion in net inflows over three sessions, with Wednesday alone adding $528 million.
U.S. spot Bitcoin ETFs attracted $1.08 billion in net inflows over three trading days, including $528 million on Wednesday, $23 million on Tuesday and $526.6 million on Monday, according to SoSoValue data. [1] [2]
BlackRock’s iShares Bitcoin Trust led Wednesday’s inflows with $235 million, followed by Fidelity’s FBTC with $213 million. October net inflows reached about $461 million and year-to-date inflows stand at $1.34 billion. [2]
Analysts note that sustained inflows above $200 million per day have historically accompanied steep Bitcoin rallies, but the recent average of $86 million daily remains below that threshold. [1]
Sources
- Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
CoinDesk · · Full text
- Bitcoin ETFs bag another $528M, taking 3-day haul past $1B
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