US spot Bitcoin ETFs recorded $21.13 million in net inflows on October 9, after suffering $244.1 million in outflows the day before. BlackRock’s iShares Bitcoin Trust (IBIT) alone contributed $22.38 million, more than the entire category’s net total. Spot Ethereum ETFs posted $56.10 million in outflows, extending their streak of net redemptions to nine consecutive sessions. Over the past five trading days, Bitcoin ETFs recorded cumulative net outflows of approximately $679 million. Since their January 2024 launch, cumulative net inflows have reached roughly $57.11 billion, with total assets under management at around $105.84 billion.
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
