Summary
- More than $100 million in net inflows entered the U.S. spot Bitcoin (BTC) exchange-traded fund (ETF) market.
- According to SoSoValue, U.S. spot Bitcoin ETFs posted total net inflows of $110.34 million the previous day, reversing to net inflows after two consecutive trading sessions of net outflows.
- All of the day's inflows went to BlackRock's iShares Bitcoin Trust (IBIT), while no other products recorded net inflows or outflows.
Forecast Trend Report by Period
More than $100 million flowed into the U.S. spot Bitcoin exchange-traded fund market.
According to SoSoValue on October 27, U.S. spot Bitcoin ETFs posted total net inflows of $110.34 million the previous day. That marked a return to net inflows after two consecutive trading sessions of net outflows.
All of the day's inflows went to BlackRock's iShares Bitcoin Trust (IBIT). No other products recorded net inflows or outflows.
shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit