Bitcoin spot exchange-traded funds recorded $528 million in total net inflows on Oct. 21, Eastern Time, according to SoSoValue, marking a third straight day of positive flows. BlackRock’s IBIT led the day with $235 million in net inflows, bringing its cumulative historical net inflows to $66.498 billion. Fidelity’s FBTC ranked second with $213 million in daily net inflows, while its cumulative historical net inflows reached $10.588 billion. As of publication, the total net asset value of U.S. Bitcoin spot ETFs stood at $109.309 billion. Their net asset ratio, measured as ETF market value relative to Bitcoin’s total market capitalization, was 6.42%. Historical cumulative net inflows across the category had reached $57.956 billion.
Bitcoin spot exchange-traded funds saw total net inflows of $528 million on Oct. 21, Eastern Time, according to SoSoValue. The category has now posted net inflows for three consecutive days.
IBIT and FBTC led daily inflows
BlackRock’s IBIT recorded the largest single-day net inflow among Bitcoin spot ETFs, bringing in $235 million. Its cumulative historical net inflows have now reached $66.498 billion.
Fidelity’s FBTC ranked second for the day with net inflows of $213 million. Its cumulative historical net inflows stand at $10.588 billion.
Category assets and cumulative flows
As of publication, the total net asset value of Bitcoin spot ETFs was $109.309 billion. The ETF net asset ratio, defined as ETF market value as a share of Bitcoin’s total market capitalization, was 6.42%. Historical cumulative net inflows for the segment had reached $57.956 billion.
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