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Bitcoin spot ETFs see $274 million inflows in six days

Bitcoin spot ETFs see $274 million inflows in six days

CointimeCointime2024/10/19 06:27
By:Cointime

the fund inflow of Bitcoin spot ETF reached $274 million on October 18, with six consecutive days of inflow. Among them, ArkInvest's ARKB had an inflow of $110 million, and BlackRock's IBIT had an inflow of $70.4 million. In contrast, the fund inflow of Ethereum spot ETF was relatively small, at $1.9 million. Sosovalue stated that these continuous fund inflows reflect investors' increasing confidence in Bitcoin ETF and enable large funds such as ArkInvest and BlackRock to continue to drive market interest.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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