Bitcoin Spot ETFs See $52.7M Net Inflow as BlackRock's IBIT Leads

iconKuCoinFlash
Share
This is the logo of the coin.
BTC
$81,673.20-1.32%
AI summary iconSummary
Bitcoin news reports that on October 19 (ET), Bitcoin spot ETFs experienced a net inflow of $52.7 million. BlackRock’s IBIT led with $66.5 million in inflows, reaching a historical total of $66.23 billion. Fidelity’s FBTC recorded a net outflow of $83.63 million but still holds cumulative inflows of $10.37 billion. The total net asset value of Bitcoin spot ETFs is $105.46 billion, representing a 6.4% net asset ratio relative to Bitcoin’s market cap. Bitcoin analysis shows a cumulative net inflow of $57.41 billion.

Odaily Planet Daily report: According to SoSoValue data, the total net inflow into spot Bitcoin ETFs yesterday (Eastern Time, October 19) was $527 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s IBIT, with a net inflow of $665 million; IBIT’s total historical net inflow now stands at $66.233 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity’s FBTC, with a net outflow of $83.63 million. The total historical net inflow for FBTC now stands at $10.371 billion.

As of the time of publication, the total net asset value of spot Bitcoin ETFs is $105.459 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin’s total market cap) of 6.4%, and cumulative net inflows to date reaching $57.405 billion.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.