Bitcoin ETFs draw over $1B in three days despite BTC price pullback
BTC when published $82,136Now $80,595 ▼ −1.88% since it was published
U.S. spot Bitcoin exchange-traded funds have attracted more than $1 billion over three consecutive trading sessions, reversing recent withdrawals even as Bitcoin retreated toward $82,000 after approaching $85,000. U.S. spot Bitcoin ETFs attracted approximately $528 million on October 21, according to SoSoValue. Three consecutive trading sessions delivered roughly $1.08 billion in net inflows following two weeks of withdrawals. BlackRock's IBIT received $235 million on Wednesday, while Fidelity's FBTC attracted approximately $213 million. Bitcoin retreated toward $82,000 after briefly trading above $84,700, with technical indicators showing mixed momentum. CryptoQuant analysis identified a $77,120 cost basis for newer Bitcoin whales, placing their average holdings close to current prices.
First reported by crypto.news. This page is a short excerpt; the full text is theirs.
