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PiCK

US Spot Bitcoin ETFs Return to Net Inflows of $118.8 Million After One Day

Source
Suehyeon Lee

Summary

  • U.S. spot Bitcoin ETFs returned to $118.8 million in net inflows after just one day.
  • BlackRock's IBIT led total inflows with $122 million, while Morgan Stanley's MSBT posted $7.8 million in net inflows.
  • Month-to-date, cumulative net inflows into U.S. spot Bitcoin ETFs reached $321.4 million, while the year-to-date total stands at $1.25 billion.

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Photo: Trader T
Photo: Trader T

U.S. spot Bitcoin exchange-traded funds returned to net inflows after just one day.

Trader T data showed U.S. spot Bitcoin ETFs recorded total daily net inflows of $118.8 million on October 7.

BlackRock's IBIT led the inflows with $122 million. Morgan Stanley's MSBT posted net inflows of $7.8 million.

Grayscale's Bitcoin Mini Trust, BTC, saw net outflows of $11 million. The remaining products recorded no net flows.

Month-to-date net inflows into U.S. spot Bitcoin ETFs rose to $321.4 million. Year-to-date net inflows stand at $1.25 billion.

#Spot ETF
#Bitcoin ETF
#ETF
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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