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US Spot Bitcoin ETFs see largest net inflows since September 22

BeInCrypto ·

IBIT
IBIT iShares Bitcoin Trust ETF
$46.30 +0.33%
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  1. 1US spot Bitcoin (BTC) ETFs recorded net inflows of $526.6 million on Monday, October 19.
  2. 2BlackRock iShares Bitcoin Trust (IBIT) was the only Bitcoin fund to record net inflows on that day.
  3. 3Bitcoin closed down approximately 2% last week but maintained the $80,000 support level.

So what's the key point?

A large amount of $526.6 million flowed into US Bitcoin funds. While money left other funds except for BlackRock IBIT, the price of Bitcoin stayed above $80,000.

Source BeInCrypto · View original ↗

Related 3-line summaries

BlackRock IBIT Records $65.4 Million Net Outflow Cryptonews +1 · 6d agoBitcoin ETFs record largest loss since June with $484.9 million outflow on Wednesday decrypt · Oct 9Net outflows occur in US spot Bitcoin ETFs, while medium-to-long-term demand remains Cryptonews +1 · Oct 8
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