Markets· ★★★· bullish·

US spot bitcoin ETFs take in $110M, all of it into BlackRock's IBIT

  • —Spot BTC ETFs drew $110 million in net inflows on Oct. 26
  • —BlackRock's IBIT was the only fund with positive flows
  • —IBIT's cumulative net inflows reached $66.24 billion
  • —Total spot BTC ETF assets stand at $102.84 billion, 6.41% of BTC market cap
Why it matters: ETF flows remain a key source of bitcoin demand, and the concentration in IBIT ties the market ever closer to BlackRock.
#BTC
Source: PANews
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