Summary
- U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) drew $83 million in net inflows this week.
- BlackRock's IBIT led the inflow trend with $292 million in inflows.
- By contrast, Fidelity's FBTC and Grayscale's GBTC posted net outflows of $167.9 million and $54.6 million, respectively.
Forecast Trend Report by Period
U.S. spot Bitcoin exchange-traded funds drew net inflows of $82.9 million this week.
Data from Farside Investors on Oct. 4 showed U.S. Bitcoin ETFs posted net inflows of $82.9 million for the week.
BlackRock's IBIT led the inflows, taking in $292 million. Ark Invest and 21Shares' ARKB recorded net inflows of $25.5 million, while Grayscale Bitcoin Mini Trust BTC added $24.9 million.
Fidelity's FBTC, by contrast, saw $167.9 million in net outflows. Grayscale's GBTC also posted net outflows of $54.6 million.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul