U.S. spot $BTC ETFs recorded $526.7 million in net inflows on Monday, reversing Friday's $82.4 million outflow and marking the strongest daily intake since September 22, led by BlackRock's IBIT fund pulling in $665.2 million.
ETF Flow Breakdown
• BlackRock (IBIT): +$665.2M
• Fidelity (FBTC): -$83.6M
• Grayscale ($GBTC): -$54.9M
The Broader Market Context
• Weekly Performance: Bitcoin ETFs lost $229M last week and $681M the week prior.
• Monthly Totals: Despite the strong start to the week, October cumulative flows remain in a negative balance of roughly $88M
ETF Flow Breakdown
• BlackRock (IBIT): +$665.2M
• Fidelity (FBTC): -$83.6M
• Grayscale ($GBTC): -$54.9M
The Broader Market Context
• Weekly Performance: Bitcoin ETFs lost $229M last week and $681M the week prior.
• Monthly Totals: Despite the strong start to the week, October cumulative flows remain in a negative balance of roughly $88M
