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US Spot Bitcoin ETFs Pull In $110.3 Million, All Going to BlackRock

Original: U.S. Spot Bitcoin ETFs Took In $110.3 Million on October 26, All of It Into BlackRock’s IBIT:

U.S. spot Bitcoin ETFs recorded $110.3 million in net inflows on October 26, with the entire amount going into BlackRock's IBIT fund. The single-fund concentration highlights IBIT's continued dominance in the market, as competing Bitcoin ETFs saw no net inflows on the day.

Why now: Investors are tracking ETF flows as a gauge of institutional demand for Bitcoin.

BlackRock IBIT U.S. spot Bitcoin ETFs

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Evidence

U.S. Spot Bitcoin ETFs Took In $110.3 Million on October 26, All of It Into BlackRock’s IBIT: · HedgeCo.Net

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