Bitcoin ETF Inflows Slow to $23.2 Million After $526.7 Million Day
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Bitcoin traded near $83,382 at 8:18 a.m. ET (12:18 UTC) Wednesday, Oct. 21, as U.S. spot Bitcoin exchange-traded funds logged a second straight session of net inflows, though Tuesday’s intake fell sharply from the prior session. The funds took in $526.7 million on Monday, Oct. 19, and $23.2 million on Tuesday, Oct. 20, for about $549.9 million over two sessions. That followed net outflows of $228.4 million across the five sessions from Oct. 12 to Oct. 16. Monday’s inflow was concentrated in BlackRock’s iShares Bitcoin Trust (IBIT), which recorded $665.2 million in inflows. Fidelity’s FBTC saw $83.6 million in outflows, while Grayscale’s GBTC saw $54.9 million leave the fund.
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