CandleFocus

Bitcoin ETFs Skyrocket With Epic $998 Million Inflows: Details

Institutional investors are increasingly investing in Bitcoin exchange-traded funds (ETFs), with Bitcoin spot ETFs receiving nearly $1 billion in investments from October 21 to October 25. BlackRock's IBIT ETF led the surge with a net inflow of $1.15 billion, while ARK 21Shares ETF ARKB experienced a net outflow of $206 million. The total cumulative inflow for Bitcoin ETFs reached $21 billion, with total net assets of $65 billion. BlackRock's IBIT remains dominant with a total net asset value of $26.98 billion, followed by Fidelity's FBTC ETF and Grayscale's GBTC ETF. Despite some minor premiums and discounts, investor interest in Bitcoin ETFs remains steady.

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