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Bitcoin Spot ETF Sees Seven-Day Low in Inflows

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By on November 1, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Spot ETF Sees Seven-Day Low in Inflows appeared first on Coinpedia Fintech News

On October 31, the Bitcoin spot ETF reported a daily net inflow of $32.14 million, the lowest in the past week. Ethereum’s spot ETF had a net inflow of $13.06 million in a similar slowdown. BlackRock’s IBIT ETF remains positive, with a net inflow of $318.80 million. However, outflows were seen in Grayscale’s GBTC and Fidelity’s FBTC of $31.15 million and $75.24 million, respectively. Total trading value for Bitcoin ETFs reached $3.07 billion, while cumulative net inflows were $24.21 billion.

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