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Bitcoin

U.S. Bitcoin ETFs Take In $440.8 Million Over Four Sessions

Image: TokenPost

U.S. spot Bitcoin ETFs recorded $440.8 million in net inflows from Oct. 26 through Oct. 29, a four-session period that overlapped with a Binance security incident but does not establish a link between the events. The funds took in $110.3 million on Oct. 26, $176 million on Oct. 27, $137.3 million on Oct. 28 and $17.2 million on Oct. 29. BlackRock’s IBIT accounted for $410.6 million of the total. Binance estimated the incident’s impact at about $6.3 billion in an Oct. 30 update. The exchange reported about $3 billion in frozen on-chain assets and said its preliminary investigation found no evidence of a wallet private-key leak. Binance also said it was working with law enforcement to identify those responsible.

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