**Bitcoin ETFs Are Getting Crazy! đ**
- This week, 11 US Bitcoin ETFs attracted more than $20 billion! đ
- Last Thursday, the massive inflow brought the total to $20.73 billion, according to Farside Investors.
- Bloomberg senior ETF analyst Eric Balchunas says this is the most important and elusive number in the ETF world. For comparison, it took five years for a gold ETF to reach the same number.
**Bitcoin ETFs Keep Flowing**
- October 17 saw net inflows of $470.5 million for 11 funds, marking the fifth straight day in the green.
- ETF Store President Nate Geraci observed more than $2 billion flowing into spot Bitcoin ETFs in the past five trading days.
- Bitcoin ETFs now hold more than 950,000 BTC, nearly the same as Satoshi Nakamoto's stash.
**Market Leaders**
- BlackRockâs iShares Bitcoin Trust (IBIT) led the way with $309 million inflows, bringing the total to $22.7 billion.
- Ark 21Shares (ARKB) was second with $100.2 million inflows. Even Grayscaleâs higher-cost GBTC saw $45.7 million inflows.
**Ethereum ETFs Are Back**
- Spot Ethereum ETFs havenât been as popular as Bitcoin, but Oct. 17 saw their biggest inflows since late September.
- Fidelityâs Ethereum ETF (FETH) led the way with $31.1 million inflows, bringing the total to nearly $500 million.
- BlackRockâs iShares Ethereum Trust (ETHA) was second with $23.6 million inflows, bringing the total to $1.26 billion.
What do you think about these ETF trends? Letâs discuss in the comments! đ
