Blackrock Drives $305M Bitcoin ETF Comeback With $676M Inflow

U.S. bitcoin ETFs returned to weekly inflows with $304.73 million from Oct. 19 through Oct. 23, reversing the previous week’s $229 million withdrawal. Ether funds remained under pressure with $220.60 million in outflows, while zcash emerged as the strongest altcoin flow story. Institutional crypto trading last week was less a steady march than a series of violent changes in direction. Bitcoin ETFs opened with $526.60 million on Monday, added $23.16 million Tuesday and surged by another $528.40 million on Wednesday. In three sessions, more than $1 billion had entered the products.

Source: Bitcoin.com News