U.S. spot Bitcoin ETFs recorded $526.7 million in inflows on Monday, their largest day in nearly a month, driven entirely by BlackRock's IBIT fund.
Macro & Markets ·
U.S. spot Bitcoin ETFs recorded $526.7 million in inflows on October 19, marking their largest single day since September 22. BlackRock's IBIT accounted for $665.2 million of the total, while Fidelity's FBTC and Grayscale's GBTC each posted outflows of $83.6 million and $54.9 million respectively. The inflow reversed two weeks of net selling that had shed roughly $910 million from the funds.