Spot Bitcoin ETFs recorded $526.6 million in net inflows on October 19, their largest single-day intake since September 22. BlackRock’s iShares Bitcoin Trust (IBIT) dominated these flows with $665.2 million in inflows, while Fidelity (FBTC) and Grayscale (GBTC) experienced outflows of $83.6 and $54.9 million respectively. On the same date, spot Ethereum ETFs saw $103.3 million in net outflows, with $95.4 million coming from BlackRock’s ETHA alone, and Solana ETFs also recorded outflows. Total trading volume on spot Bitcoin ETFs reached $2.09 billion, bringing total net assets to $105.46 billion, approximately 6.4% of Bitcoin’s market capitalization.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
