This week, US Bitcoin ETFs continue to exhibit inflow growth, nearing $2 billion since October 14.
Record Inflows Into Bitcoin ETFs
Yesterday, US Bitcoin ETFs recorded their fifth consecutive inflow since October 11. This week, the products saw $1.85 million in inflows. Among them, BlackRock’s IBIT captured $309 million. Ark Invest and 21Shares’ ARKB recorded over $100 million. Grayscale’s GBTC attracted $45.7 million, while Fidelity’s FBTC saw almost $11.7 million. Franklin Templeton’s EZBC recorded nearly $3.9 million.
Total Assets In Bitcoin ETFs
As of October 17, the total net assets in BTC ETFs exceeded $64 billion, and accumulated net inflows surpassed $20 billion. Bloomberg’s analyst Eric Balchunas pointed out the significance of this milestone in the ETF world.
Dominance of BlackRock's ETF
On October 17, BlackRock’s IBIT showed substantial inflows for the fourth consecutive day. Since October 14, IBIT recorded over $1.07 billion in inflows. The total net assets locked in IBIT were almost $25.8 billion, while cumulative net inflows exceeded $22.7 billion.
US BTC ETFs continue to attract significant inflows, setting new records and strengthening their market position.