Bitcoin
US spot Bitcoin ETFs record $528 million in daily inflows, topping $1 billion over three days
Strong institutional demand pushed three-day net inflows into US spot Bitcoin funds to $1.08 billion, turning net monthly flows for October positive.
US spot Bitcoin exchange-traded funds registered $528 million in net inflows on Wednesday, extending their positive streak to three consecutive trading sessions. According to data from SoSoValue, the funds brought in a combined $1.08 billion over that span, following additions of $526.6 million on Monday and $23 million on Tuesday.
The latest influx brings total net inflows for October to approximately $461 million and lifts year-to-date net flows to $1.34 billion. BlackRock’s iShares Bitcoin Trust led Wednesday’s allocations with $235 million, while the Fidelity Wise Origin Bitcoin Fund gathered roughly $213 million, reversing two prior weeks of net redemptions.
Bitcoin briefly touched an intraday high of $84,777 before retreating to around $82,485. Inflows also returned to altcoin funds: US spot Ether ETFs recorded $15 million to break a five-day outflow streak, while Solana and XRP products added approximately $585,000 and $709,000, respectively.
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