In brief – U.S. spot Bitcoin ETFs drew $526.7 million on Oct. 19, the largest single-day inflow since the $714.7 million of Sept. 22. – BlackRock’s IBIT took in $665.2 million while Fidelity’s FBTC lost $83.6 million and Grayscale’s GBTC lost $54.9 million, trimming October’s…
t outflows to roughly $88 million from about $615 million. – Ethereum ETFs lost $103 million and Solana ETFs $6.7 million the same day, per SoSoValue, as the 10-year Treasury yield held above 5%. U.S. spot Bitcoin ETFs took in $526.7 million on Monday, their biggest single day since Sept. 22, according to Decrypt’s ETF tracker
The last bigger session brought $714.7 million, which makes this the best day for the funds in nearly a month. The inflow interrupted two weeks of selling in which the funds shed about $910 million, including a $484.9 million exit on Oct. 7, which was their worst day since June. Friday closed with another $82.4 million of net selling, which makes Monday a sharp turn.
BlackRock’s iShares Bitcoin Trust (IBIT) did the heavy lifting with $665.2 million, more than the entire net total, according to Farside Investors. Fidelity’s FBTC lost $83.6 million and Grayscale’s GBTC lost $54.9 million, while the other funds recorded no flows at all. Other crypto funds went the opposite way.