On October 18, inflows into the Bitcoin Spot ETF reached $274 million for six consecutive days. ArkInvest's ARKB saw inflows of $110 million and BlackRock's IBIT saw inflows of $70.40 million. In contrast, the Ethereum Spot ETF saw inflows of $1.90 million.
Sosovalue said that these continued inflows reflect growing investor confidence in bitcoin ETFs and allow large funds such as ArkInvest and BlackRock to continue driving market interest.
Bitcoin Spot ETF Inflows Hit $274 million in Six Days
2024-10-19 06:20:40
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