BTC
ETH
SOL
XRP
BNB
TON
DOT
LTC
POL
HBAR
NEAR
ARB
UNIUS spot Bitcoin ETFs take in $527m in a day, the most since September
US spot Bitcoin ETFs drew $527m in net inflows on Monday, their biggest daily haul since 22 Sept, as BlackRock's IBIT more than covered withdrawals from Fidelity and Grayscale.
Key points
- Net inflows reached $527m, the largest since $715m on 22 Sept, according to Farside Investors.
- BlackRock's IBIT brought in $665m, while Fidelity's FBTC lost $83.6m and Grayscale's GBTC $54.9m.
- US spot Ether ETFs saw $103m in net outflows, led by $95.4m from BlackRock's ETHA.
US spot Bitcoin ETFs pulled in $527m in net inflows on Monday, the strongest daily showing since 22 Sept, Cointelegraph reports, citing Farside Investors. The move reversed $82.4m in net outflows on Friday and followed two straight weeks of net withdrawals on a weekly basis.
BlackRock's iShares Bitcoin Trust led the way with $665m, more than the net total across all funds. Fidelity's Wise Origin Bitcoin Fund shed $83.6m and Grayscale Bitcoin Trust $54.9m, while the remaining funds recorded no net flows, according to Farside.
Ether funds retreat
The rebound comes after spot Bitcoin ETFs lost about $229m in the week of 12 October, having shed $681m the week before. They also saw $484m leave on 7 Oct, their largest single-day withdrawal since June. Despite Monday's intake, the funds remain roughly $88m in the red for October on Farside's daily figures.
US spot Ether ETFs moved the other way, recording $103m in net outflows on Monday. BlackRock's iShares Ethereum Trust accounted for $95.4m of that.
Live updates on NewsFeeds:ETFsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
How this was produced: an AI model wrote this summary of Cointelegraph’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.
Not investment advice. Read the risk disclaimer.