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Bitcoin

Bitcoin ETFs log $525M inflow as Ethereum ETFs attract $14M

Image: Crypto Briefing

Spot Bitcoin funds posted their biggest day in nearly a month while Ethereum products ended a five-session losing streak US spot Bitcoin ETFs pulled in approximately $525 million in net inflows on October 21. That was the largest single-day haul for the funds in nearly a month. Ethereum ETFs had a quieter day, adding roughly $14 million. Still, it was enough to snap a five-session run of outflows. Two issuers drove most of the Bitcoin action. BlackRock’s IBIT took in around $235 million, while Fidelity’s FBTC added roughly $213 million. Together, those two products account for about $448 million of the day’s total. Everyone else split the remainder. The day caps a strong three-session stretch for Bitcoin funds.

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