Bitcoin ETFs lose $255m over 30 days despite BlackRock inflows

U.S. spot Bitcoin ETFs have recorded $254.7 million in net outflows over the 30 calendar days through Oct. 26, even as BlackRock’s IBIT has attracted nearly $962 million during the same period. Bitcoin ETFs lost $254.7 million over the 30 calendar days through Oct. 26, calculated from Farside’s daily totals. BlackRock’s IBIT gained $961.9 million during that period, while Fidelity’s FBTC lost $725 million. Three subsequent positive sessions brought $423.6 million into the funds through Oct. 28. Glassnode placed the estimated cost basis of ETF Bitcoin holdings near $81,500 in its Oct. 28 report.

Source: crypto.news