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Bitcoin spot ETFs see $526.6 million inflows on October 19 as Ethereum and Solana funds bleed

Bitcoin spot ETFs see $526.6 million inflows on October 19 as Ethereum and Solana funds bleed
Photo: Crypto Briefing

BTC when published $81,838Now $80,595 ▼ −1.52% since it was published

BlackRock's IBIT carried the entire Bitcoin ETF complex while Ethereum and Solana products saw money head for the exits US spot Bitcoin ETFs pulled in $526.6 million in net inflows on October 19. That was their biggest single-day haul since September 22. The catch is that one fund did nearly all the lifting. Meanwhile, Ethereum and Solana spot ETFs moved the other way, posting net outflows on the same day. BlackRock’s iShares Bitcoin Trust, ticker IBIT, took in $665.2 million on its own. It was the only Bitcoin ETF to record positive flows that day. Fidelity’s FBTC saw $83.6 million leave the fund. Grayscale’s GBTC lost $54.9 million. Trading volume across all spot Bitcoin ETFs reached $2.09 billion on the day.

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

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