UPDATE: U.S. spot Bitcoin ETF inflows revised up to $528.4 million
CIE News ·
Update to US spot Bitcoin ETFs see $289.8 million net inflow, Farside data shows
Confirmed by 3 independent news outlets.
Revised data raised October 21 U.S. spot Bitcoin ETF net inflows to $528.4 million after including BlackRock's IBIT. Spot Ethereum funds reversed outflows with a $14.9 million gain.
Updated flow data shows U.S. spot Bitcoin (BTC) ETFs collected $528.4 million in net inflows on October 21, upwardly revising an earlier report of $289.8 million. The revised figure includes BlackRock's iShares Bitcoin Trust (IBIT), which accounted for $235 million in net inflows after being omitted from initial calculations.
According to reports from crypto.news and mitrade.com citing tracker data, the revised figures raised cumulative historical inflows for U.S. spot Bitcoin ETFs to $57.96 billion and lifted three-day totals above $1.07 billion. Fidelity's Wise Origin Bitcoin Fund (FBTC) contributed $212.7 million, followed by Grayscale's GBTC with $32.6 million and Bitwise's BITB with $19.2 million.
Spot Ethereum (ETH) ETFs also reversed a five-day net withdrawal streak, securing $14.9 million in net purchases on October 21 rather than the sustained outflows indicated in earlier data.
Key facts
- $528.4M BTC ETF inflows
- $235M added by BlackRock's IBIT
- $14.9M net inflow for ETH ETFs
- 5-day ETH outflow streak ended
Read the original at crypto.news