US Bitcoin Spot ETFs Experience Second-Highest Net Inflow in History
According to monitoring data from @CarpeNoctom, US Bitcoin spot ETFs witnessed a net inflow of $896.3 million on October 30, marking the second-highest daily inflow on record. The highest net inflow of $1.05 billion occurred on March 12, while the previous second-highest was $887 million on June 4.
The breakdown of inflows and outflows among major ETFs is as follows:
– BlackRock IBIT: $875 million inflow
– Grayscale Mini BTC: $8 million inflow
– Fidelity FBTC: $12.6 million inflow
– Bitwise BITB: $23.9 million outflow
This significant influx of funds into US Bitcoin spot ETFs indicates a growing investor interest and confidence in the cryptocurrency market, particularly in Bitcoin-backed financial products.
Reference(s):
– Source link