BlackRock IBIT Inflows Keep Bitcoin ETF Week Positive
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US spot Bitcoin ETFs finished the week ending October 23 with $301.2 million in net inflows. BlackRock IBIT inflows of $565.7 million carried the entire gain, per Farside Investors . Fidelity's FBTC and ARK 21Shares' ARKB posted net weekly outflows, so demand stayed in one fund. That is the stake: the complex turned positive again only because IBIT outweighed the rest. BlackRock IBIT Inflows Lead Early-Week Buying Farside's ledger shows US spot Bitcoin ETFs took in about $1.07 billion across the first three sessions. On October 19, the complex booked $526.7 million in net inflows, driven only by IBIT.
Source: Live Bitcoin News
