On Oct. 21 U.S. time, spot Bitcoin ETFs saw another hefty inflow—not like Oct. 19, when IBIT carried the group while others were pulling out.
According to Farside Investors, U.S. spot $BTC ETFs saw net inflows of about $524.8 million in total; Trader T/SoSoValue put the figure at about $528.4 million, broadly in line. Breaking it down: BlackRock’s IBIT took in about $235 million and Fidelity’s FBTC about $212.7 million, together accounting for well over half. Grayscale’s GBTC also recorded inflows of about $32.6 million (after net outflows on the 19th), while Bitwise’s BITB took in about $19.2 million, with smaller contributions from Ark’s ARKB, Franklin’s EZBC, Grayscale Mini, and others.
This marks the third consecutive trading day of net inflows: about +$526.7 million on the 19th (almost entirely driven by IBIT), narrowing to about +$23.2 million on the 20th, then climbing back to the $500 million range on the 21st. $BTC is still hovering around $82,000–$85,000, so for now, the money is speaking more plainly than the narrative.
Source: Farside Investors, farside.co.uk/btc (October 21 row); reposted by Trader T via KuCoin/Bloomingbit. Not investment advice.