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Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Wallet Moves $41M

Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Wallet Moves $41M
Photo: Cryptonews

BTC when published $81,763Now $80,595 ▼ −1.43% since it was published

U.S. spot Bitcoin ETF attracted more than $1.07 billion in net inflows over three trading sessions from October 19 through yesterday, October 21, while a wallet linked to convicted Irish drug trafficker Clifton Collins moved another 500 BTC worth approximately $41 million to a Coinbase Prime deposit address. The ETF figures show a sharp recovery in institutional investment demand, while the latest Bitcoin transfer adds another chapter to the mystery surrounding Collins’ long-dormant cryptocurrency fortune. Bitcoin ETF Inflows Top $1 Billion in Three Days US spot Bitcoin ETFs recorded $526.7 million in net inflows on Monday, October 19, followed by $23.2 million on Tuesday and $524.8 million on Wednesday. The combined total reached $1.0747 billion across the three sessions.

First reported by Cryptonews. This page is a short excerpt; the full text is theirs.

Read the full story at Cryptonews (opens in a new tab)

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