Markets· ★★★· neutral·

Spot Bitcoin ETFs drew $103M daily inflow, BlackRock's IBIT leads with $196M

  • —US spot bitcoin ETFs saw $103M in net inflows on October 1
  • —BlackRock's IBIT attracted $196M, bringing its lifetime total to $65.57B
  • —Fidelity's FBTC posted $60.7M in outflows
  • —Total ETF net assets stand at $109.34B, or 6.43% of bitcoin's market cap
Why it matters: ETF flows remain the main driver of bitcoin demand, but outflows from FBTC show demand is uneven across the largest funds.
#BTC
Source: PANews
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