Bitcoin exchange-traded funds (ETFs) showed mixed activity over the past two days, following a net outflow of $79.1 million on Oct. 22 that ended a seven-day inflow streak totaling over $2.4 billion since Oct. 14.
On Oct. 23, ETFs registered a net inflow of $192.4 million. The iShares Bitcoin Trust (IBIT) led with $317.5 million in new investments, while ARK’s Bitcoin ETF (ARKB) saw significant outflows of $99 million. Bitwise’s BITB also recorded an outflow of $25.2 million.
The following day, Oct. 24, ETFs continued to attract capital with a net inflow of $188 million. IBIT maintained its strong performance, bringing in an additional $165.5 million. Bitwise’s BITB reversed its previous day’s outflow by gaining $29.6 million. However, Grayscale’s BTC fund experienced a minor outflow of $7.1 million.
The sustained inflows into IBIT highlight its prominent role in offering…
