US spot Bitcoin ETFs turn to net inflows led by BlackRock IBIT
IBIT iShares Bitcoin Trust ETF
$46.70 +0.86%
View chart & analysis → - 1BlackRock IBIT recorded $665.2 million in inflows on October 19.
- 2US spot BTC USD ETFs recorded $526.7 million in net inflows on October 19.
- 3IBIT profits decreased by a total of $138.5 million on October 19 due to outflows from Fidelity FBTC and Grayscale GBTC.
So what's the key point?
$665.2 million flowed into BlackRock's IBIT. Although money left other areas, money began flowing into Bitcoin-related products.
Source 99bitcoins · View original ↗
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