Key Points:
On October 7, Bitcoin Spot ETFs recorded the largest net inflow of $235 million. Fidelity’s FBTC led the charge at $104 million followed by BlackRock’s IBIT at $97.88 million.
The influx in inflows only underlines the growing interest in Bitcoin ETFs, while Ethereum Spot ETFs sat in stasis for the second time since launch with zero inflows or outflows.
Read more: Bitcoin Spot ETF Inflows Skyrocket to $25M, Asset Ratio Soars at 4.68%!
Meanwhile, Fidelity’s FBTC and BlackRock’s IBIT dominated Bitcoin Spot ETF inflows with $104 million and $97.88 million on October 7, respectively, while the total net flow was $235 million, showing how institutional investors remain highly interested.
In the same period, Ethereum Spot ETFs didn’t report any action, marking the second day since the product launched that there haven’t been any net flows.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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