US Spot Bitcoin ETFs Extend Net Inflow Streak To 8 Days With Another $61.3 Million On Monday As BlackRock Leads
US spot Bitcoin ETFs (exchange-traded funds) extended their positive inflow streak to eight days after a collective $61.3 million entered the funds on Sep. 30. The fund belonging to asset management giant BlackRock led the way in inflows yesterday with data from Farside Investors showing that its IBIT saw $72.2 million enter its reserves. ARKB And BITB Record Outflows, While Other Funds See No New Flows Fidelity’s FBTC was the only other spot Bitcoin ETF to record net inflows on Monday after investors sent $8.3 million to the fund. Meanwhile, BITB and ARKB were the only products to suffer net outflows. Data shows that $9.5 million left Ark and 21Shares’ ARKB on Sept. 30. Similarly, $9.7 million was pulled out of Bitwise’s BITB. This is after both of the funds posted net inflows during the two sessions prior to Monday. Good morning, Despite yesterday's price action the Bitcoin ETFs had $61.3 million of positive inflows. Blackrock did $72.2 million. Pri...