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PiCK

US Spot Bitcoin ETFs Return to Net Inflows After One Day With $5.06 Million

Source
Doohyun Hwang

Summary

  • US spot Bitcoin ETFs shifted back to net inflows just one day after posting $261.46 million in net outflows.
  • US spot Bitcoin ETFs recorded total net inflows of $5.06 million on Oct. 15, returning to positive flows, though the amount was small.
  • By product, BlackRock's IBIT drew $16.79 million in net inflows, while Grayscale Bitcoin Mini Trust (BTC) and Invesco Galaxy BTCO posted net outflows of $7.64 million and $4.09 million, respectively.

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Photo: Shutterstock
Photo: Shutterstock

US spot Bitcoin exchange-traded funds returned to net inflows after one day.

US spot Bitcoin ETFs recorded combined net inflows of $5.06 million on Oct. 15, according to SoSoValue. The funds had posted net outflows of $261.46 million a day earlier, marking a return to positive flows, though the amount was modest.

By product, only BlackRock's IBIT posted net inflows, with $16.79 million. Grayscale's Bitcoin Mini Trust (BTC) saw net outflows of $7.64 million, while Invesco Galaxy's BTCO recorded net outflows of $4.09 million. The remaining products, including Fidelity's FBTC and Ark 21Shares' ARKB, saw no net inflows or outflows.

#Bitcoin ETF
Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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