The outflow period in the US spot market Bitcoin -funds lasted only one day, during which investors managed to withdraw from ETF about $79,1 million due to concerns about further declines in BTC. However, on Wednesday, October 23, the inflow of funds into the funds resumed along with the growth of the flagship crypto asset.
Over the past trading day, there was a cumulative net inflow of 12 spot bitcoin ETF amounted to about $192,31 million. At the same time, the majority of the proceeds from investors came from IBIT from BlackRock. The fund's capitalization increased by $317,47 million. Interestingly, the largest fund by net assets has recorded a result above $300 million for the fourth time in the last six trading days.
Bitcoin Grayscale's Minit Trust also saw inflows of $4,71 million, while other spot bitcoin ETF , including ARKB, BITB and VanEck, reported a combined capital outflow of $129,8 million.
Inflow into spot bitcoin ETF
As of October 23, total net inflows into US spot bitcoin ETF amounted to $ 21,34 billion
Ethereum-based spot exchange-traded funds also posted a positive trading day on October 23. Ethereum - ETF About $1,27 million was received. Fidelity was the leader in terms of inflow of funds. Ethereum Fund, which received $6,25 million in investment. The leader in terms of outflow of funds was Ethereum Grayscale's Trust, which lost more than $7,61 million in a day.
