PiCK
US Spot Bitcoin ETFs Draw $17.07 Million, Extending Inflow Streak to Four Sessions
Summary
- US spot Bitcoin ETFs posted net inflows for a fourth straight trading session.
- Daily net inflows totaled $17.07 million, with four ETFs taking in money and two posting outflows.
- Money flowed into BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, and Morgan Stanley's MSBT, while net outflows hit Grayscale's Bitcoin Mini Trust (BTC) and WisdomTree BTCW.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds posted net inflows for a fourth straight trading session.
Data from SoSoValue on Oct. 29 showed the funds recorded $17.07 million in net inflows for the day. Four ETFs took in money, while two posted outflows.
BlackRock's IBIT attracted the most new money, with $12.8 million in net inflows. Fidelity's FBTC added $10.53 million. Bitwise's BITB and Morgan Stanley's MSBT drew $8.76 million and $4.16 million, respectively.
Grayscale Bitcoin Mini Trust (BTC), by contrast, posted $15.35 million in net outflows. WisdomTree's BTCW also saw $3.84 million leave the fund. The other six products, including Grayscale's GBTC and Ark 21Shares' ARKB, recorded no net flows.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀