US Bitcoin ETFs Draw $527 Million, Their Best Day Since Sept. 22
Photo: TokenPost
US spot Bitcoin (BTC) exchange-traded funds took in $526.7 million on Oct. 19, their largest daily net inflow since Sept. 22, though the gain left October’s flows slightly negative. BlackRock’s iShares Bitcoin Trust (IBIT) drew $665.2 million, more than the net gain across all the funds. Fidelity’s Wise Origin Bitcoin Fund (FBTC) lost $83.6 million, while Grayscale Bitcoin Trust (GBTC) shed $54.9 million. The other funds recorded no net flows. The inflow reversed an $82.4 million net withdrawal on Oct. 16. The funds last posted a larger daily gain on Sept. 22, when they took in $714.7 million.
Source: TokenPost
