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PiCK

US Spot Bitcoin ETFs Return to Net Inflows in One Day, Adding $175.62 Million

Source
Suehyeon Lee

Summary

  • U.S. spot Bitcoin ETFs swung back to net inflows of $175.62 million just one day after a large net outflow.
  • Fidelity FBTC recorded net inflows of $103.06 million, while BlackRock IBIT took in $65.89 million and Morgan Stanley MSBT added $6.67 million.
  • This month, U.S. spot Bitcoin ETFs have posted cumulative net outflows of $276.2 million, while cumulative net inflows for the year total $654.2 million.

Forecast Trend Report by Period

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Photo: Trader T
Photo: Trader T

U.S. spot Bitcoin exchange-traded funds returned to net inflows one day after posting a large net outflow.

According to Trader T, U.S. spot Bitcoin ETFs recorded total net inflows of $175.62 million in the previous session on October 14. The products had posted net outflows of $65.4 million in the prior trading session, but swung back to net inflows a day later.

By product, Fidelity’s FBTC led with $103.06 million in inflows. BlackRock’s IBIT also attracted $65.89 million.

Morgan Stanley’s MSBT posted net inflows of $6.67 million. The remaining products recorded no net inflows or outflows.

So far this month, U.S. spot Bitcoin ETFs have posted cumulative net outflows of $276.2 million. Cumulative net inflows for the year stand at $654.2 million.

#Spot ETF
#Bitcoin ETF
#ETF
Suehyeon Lee

Suehyeon Lee

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

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