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BlackRock’s IBIT takes all $110.3M of Monday’s Bitcoin ETF inflows

BlackRock’s IBIT takes all $110.3M of Monday’s Bitcoin ETF inflows
Photo: Crypto Briefing

BTC when published $79,817Now $80,568 ▲ +0.94% since it was published

US spot Bitcoin ETFs pulled in $110.3 million on October 26, and every dollar landed in BlackRock's iShares Bitcoin Trust US spot Bitcoin ETFs brought in $110.3 million in net inflows on Monday, October 26. BlackRock’s iShares Bitcoin Trust (IBIT) took all of it. Every other fund in the category recorded no net flows for the day. Monday’s number looks modest next to what IBIT pulled in a week earlier. On October 19, the fund recorded a single-day inflow of $665 million. Three days after that, the mood reversed. The category posted a net outflow of $635.5 million on October 22, nearly erasing IBIT’s big day in one session. Put those moves together and the month still leans negative.

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

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

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