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U.S. Spot Bitcoin (BTC) ETFs Post $528.4 Million in Net Inflows

Eight of 12 funds recorded inflows, led by BlackRock’s IBIT and Fidelity’s FBTC.

Updated 1 min read
Pedestrians cross Broad Street outside the New York Stock Exchange in Lower Manhattan. / EconoTimes.ai (mono)
Pedestrians cross Broad Street outside the New York Stock Exchange in Lower Manhattan. / EconoTimes.ai (mono)

SoSoValue’s Oct. 21 tally showed $528.40 million in net inflows, up from $23.16 million a day earlier.

Cumulative net inflows across the funds reached $57.96 billion.

Farside Investors’ daily figures put the Oct. 19 inflow at $526.7 million, the first session in the run. That intake followed $228.4 million in combined withdrawals over Oct. 12-16, a period detailed in earlier EconoTimes coverage of the funds’ October flows.

Eight of the 12 funds recorded inflows on Oct. 21. BlackRock’s IBIT led with $234.99 million, followed by Fidelity’s FBTC at $212.71 million and Grayscale’s GBTC at $32.60 million. Together, those three funds brought in $480.30 million, about 91% of the day’s total.

Five other funds also recorded inflows: Bitwise’s BITB with $19.23 million, Ark·21Shares’ ARKB with $9.79 million, Grayscale’s BTC with $8.21 million, Franklin’s EZBC with $7.31 million and Valkyrie’s BRRR with $3.57 million.

Trading volume across the funds totaled $3.15 billion. IBIT accounted for $2.42 billion, while FBTC recorded $374.58 million and GBTC had $144.51 million.

The funds’ combined net assets stood at $109.31 billion, equal to about 6.42% of Bitcoin’s market capitalization. IBIT held the largest amount at $68.70 billion, ahead of FBTC at $15.09 billion and GBTC at $10.61 billion.

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