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PiCK

US Spot Bitcoin ETFs Draw $21.13 Million in Net Inflows

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Summary

  • U.S. spot Bitcoin ETFs recorded total net inflows of $21.13 million.
  • BlackRock’s IBIT posted net inflows of $22.38 million, while VanEck’s HODL logged net inflows of $2.33 million.
  • Cumulative net inflows into U.S. spot Bitcoin ETFs reached $57.11 billion, while BlackRock’s IBIT net assets stood at $66.3 billion.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

More than $20 million in net inflows went into U.S. spot Bitcoin exchange-traded funds, as money flowing into BlackRock and VanEck products offset outflows from Fidelity.

SoSoValue data for Oct. 9 showed total net inflows of $21.13 million into U.S. spot Bitcoin ETFs. BlackRock’s IBIT led the gains with $22.38 million in net inflows, while VanEck’s HODL added $2.33 million.

Fidelity’s FBTC, by contrast, posted $3.58 million in net outflows. Grayscale’s GBTC and BTC, Bitwise’s BITB and Ark 21Shares’ ARKB recorded no net inflows or outflows.

As of Oct. 9, cumulative net inflows into U.S. spot Bitcoin ETFs stood at $57.11 billion. BlackRock’s IBIT had net assets of $66.3 billion, the largest among the products.

#Crypto ETF

cow5361@bloomingbit.ioHello, I'm a reporter at bloomingbit

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