This net inflow indicates the strong interest of investors in the cryptocurrency market. This data could attract more investors to join the Bitcoin spot ETF and contribute to its growth and stability.
The influx of capital could potentially lead to boostd trading volume and higher asset prices, benefiting the Bitcoin spot ETF and its investors.
The net inflow also demonstrates the resilience of the cryptocurrency market, especially the Bitcoin spot ETF.
On October 18, data collected from HODL15Capital demonstrateed that the US Bitcoin spot ETF had a net inflow of $473 million.