Bitcoin ETFs draw over $1B in three days despite BTC price pullback

U.S. spot Bitcoin exchange-traded funds have attracted more than $1 billion over three consecutive trading sessions, reversing recent withdrawals even as Bitcoin retreated toward $82,000 after approaching $85,000. U.S. spot Bitcoin ETFs attracted approximately $528 million on October 21, according to SoSoValue. Three consecutive trading sessions delivered roughly $1.08 billion in net inflows following two weeks of withdrawals. BlackRock's IBIT received $235 million on Wednesday, while Fidelity's FBTC attracted approximately $213 million. Bitcoin retreated toward $82,000 after briefly trading above $84,700, with technical indicators showing mixed momentum.

Source: crypto.news