Spot Bitcoin exchange-traded funds recorded their fifth consecutive day of inflows on Oct. 17 led by BlackRock’s IBIT for the third straight session.
The combined inflows of the 12 spot Bitcoin ETFs reached an impressive $470.48 million on the day, marking a cumulative total of over $2.1 billion in inflows over the last five trading days.
According to data from SoSoValue, BlackRock’s IBIT ETF led the inflow surge, attracting $309 million on Oct. 17. This performance marked IBIT’s leadership for the third consecutive day.
While BlackRock’s IBIT ETF led the pack, other major players also contributed to the ongoing inflow streak. ARK Invest and 21Shares’ ARKB ETF saw $100.2 million in inflows, while Grayscale’s GBTC ETF attracted $45.7 million.
Additional support came from Fidelity’s FBTC, which recorded $11.96 million in inflows, and Franklin Templeton’s EZBC, with…
