Summary
- US spot Bitcoin ETFs recorded net inflows for a fourth straight trading session.
- Daily net inflows into US spot Bitcoin ETFs totaled $17.07 million.
- Funds flowed into BlackRock IBIT, Fidelity FBTC, Bitwise BITB, and Morgan Stanley MSBT, while Grayscale BTC and WisdomTree BTCW posted net outflows.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds posted net inflows for a fourth consecutive trading session.
The group recorded $17.07 million of net inflows on October 29, according to SoSoValue. Four ETFs attracted money, while two saw outflows.
BlackRock's IBIT led inflows with $12.8 million. Fidelity's FBTC posted net inflows of $10.53 million. Bitwise's BITB and Morgan Stanley's MSBT also drew $8.76 million and $4.16 million, respectively.
Grayscale Bitcoin Mini Trust (BTC) posted net outflows of $15.35 million. WisdomTree's BTCW also saw $3.84 million leave the fund. The remaining six products, including Grayscale's GBTC and Ark 21Shares' ARKB, recorded no net flows.
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