US spot Bitcoin ETFs report up to $175.7M net inflows on October 13
CIE News ·
US spot Bitcoin ETFs reversed recent outflows with reported net inflows between $175.62 million and $175.7 million on October 13, led by Fidelity's FBTC and BlackRock's IBIT.
U.S. spot Bitcoin exchange-traded funds registered a net inflow between $175.62 million and $175.7 million on October 13, according to reports by coingabbar.com citing SoSoValue data. The daily total marked a reversal from prior outflows, bringing cumulative total net inflows since product launches to $57.22 billion across the category.
Fidelity Wise Origin Bitcoin Fund (FBTC) led the session's inflows, drawing between $103.06 million and $103.1 million. BlackRock’s iShares Bitcoin Trust (IBIT) recorded between $65.89 million and $65.9 million in additions, while Morgan Stanley’s fund (MSBT) added roughly $6.67 million to $6.7 million.
Total net assets held across the spot Bitcoin ETFs reached $106.98 billion, representing 6.38% of Bitcoin's market value, with daily trading volume touching $1.65 billion on October 13.