Bitcoin ETFs bag another $528M, taking 3-day haul past $1B
BTC when published $82,398Now $80,595 ▼ −2.19% since it was published
US spot Bitcoin ETFs drew $1.08 billion over three trading sessions to push October flows back above water. US spot Bitcoin exchange-traded funds (ETFs) attracted $528 million in net inflows on Wednesday as Bitcoin briefly surged above $84,700 before retreating. The funds extended their inflow streak to three sessions, adding $23 million on Tuesday and $526.6 million on Monday, according to SoSoValue data. The three sessions drew in a combined $1.08 billion. Wednesday’s inflows brought October’s net inflows to approximately $461 million, while year-to-date net inflows reached $1.34 billion. According to Farside Investors data, BlackRock’s iShares Bitcoin Trust (IBIT) led Wednesday’s inflows with $235 million, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with around $213 million.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
