Bitcoin · Bitcoin ETF · 99Bitcoins
BTC USD ETF Rebound Was Led Almost Entirely by BlackRock’s IBIT Fund
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
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BlackRock’s IBIT took in $665.2M on October 19, but US spot BTC USD ETFs collectively recorded a smaller $526.7 million net inflow.
Key facts
- BlackRock’s IBIT took in $665.2M on October 19, but US spot BTC USD ETFs collectively recorded a smaller $526.7 million net inflow
- IBIT’s $665.2M inflow was offset by $83.6M in withdrawals from FBTC and $54.9M from GBTC
- Bitcoin:native rallied +20% from $69k to $87k in the weeks that followed. pic.twitter.com/4fkwDML4F8
- The industry total was the strongest daily inflow since September 22, when funds attracted $714.7M
Summary
The industry total was the strongest daily inflow since September 22, when funds attracted $714.7M. That concentration matters when assessing whether buying is spreading across the market or gathering in a single product. The $526.7 million industry figure is a net total: it combines money flowing into funds with redemptions from others. That is what happened on October 19.