🇺🇸 U.S. Spot Bitcoin ETFs Attract $528 Million; Ethereum ETFs Record Nearly $15 Million According to data from SoSoValue, U.S. spot Bitcoin ETFs recorded a net inflow of $528 million on October 21. 🔹 Bitcoin ETFs: Net inflow of $528 million. 🔹 BlackRock’s IBIT led with $235 million in net inflows. 🔹 Ethereum ETFs: Net inflow of $14.96 million. 🔹 Grayscale Ethereum Mini Trust (ETH) led the Ethereum group with $28.07 million in inflows. Notably, inflows into Grayscale Ethereum Mini Trust exceeded the total net inflow across the entire Ethereum ETF category, suggesting that other Ethereum ETFs likely experienced net outflows, offsetting part of the capital entering the group. The strong capital inflow into Bitcoin ETFs underscores continued significant demand for regulated U.S.-based investment products providing exposure to Bitcoin. Meanwhile, Ethereum ETFs continue to see positive inflows, albeit at a much smaller scale. ETF fund flows are an important indicator of institutional investor sentiment, but do not necessarily guarantee short-term price increases for BTC or ETH. Source: SoSoValue.
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