$663m in bitcoin ETF inflows. institutional demand is waking up? đ
US spot BTC ETFs recorded their strongest daily net inflow since september, with BlackRockâs IBIT attracting around $665m on october 19.
but the full picture matters: other funds recorded outflows, leaving the entire ETF market with $526.6m in net inflows.
thatâs a strong reversal after weeks of selling pressure, but octoberâs cumulative ETF flows remain negative.
ETF inflows matter because fund creations can bring fresh capital into products that hold actual bitcoin, adding another source of spot demand.
one strong day is encouraging. consecutive days of net inflows would provide stronger evidence that institutional demand is returning.
US spot BTC ETFs recorded their strongest daily net inflow since september, with BlackRockâs IBIT attracting around $665m on october 19.
but the full picture matters: other funds recorded outflows, leaving the entire ETF market with $526.6m in net inflows.
thatâs a strong reversal after weeks of selling pressure, but octoberâs cumulative ETF flows remain negative.
ETF inflows matter because fund creations can bring fresh capital into products that hold actual bitcoin, adding another source of spot demand.
one strong day is encouraging. consecutive days of net inflows would provide stronger evidence that institutional demand is returning.