Summary
- More than $100 million in net inflows entered the U.S. spot Bitcoin exchange-traded fund (ETF) market.
- Total net inflows into U.S. spot Bitcoin ETFs reached $110.34 million, marking a return to inflows after two straight trading days of net outflows.
- All of the day's inflows were concentrated in BlackRock's iShares Bitcoin Trust (IBIT), while the remaining products recorded no net inflows or outflows.
Forecast Trend Report by Period
U.S. spot Bitcoin exchange-traded funds attracted more than $100 million in net inflows.
According to SoSoValue on October 27, U.S. spot Bitcoin ETFs recorded combined net inflows of $110.34 million in the previous session. The market returned to net inflows after two consecutive trading days of net outflows.
All of the day's inflows went to BlackRock's iShares Bitcoin Trust (IBIT). The remaining products recorded no net inflows or outflows.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.