🔥🔥🔥 #BitcoinETFs hit $21 billion net inflows as weekly purchases top $2 billion
U.S. spot Bitcoin ETFs saw a significant milestone, reaching $21 billion in total net inflows as of Friday, reflecting continued strong investor interest. Data from Farside Investors revealed that these ETFs collectively added more than $2 billion this week, marking their sixth consecutive day of positive inflows.
On Thursday alone, spot Bitcoin ETFs attracted approximately $273 million in net purchases, with ARK Invest's ARKB leading the pack, bringing in nearly $110 million.
#BlackRock’s IBIT followed closely, recording over $70 million in net inflows on Friday, while other notable performers included VanEck’s HODL, Bitwise’s BITB, Fidelity’s FBTC, and Invesco’s BTCO.
#IBIT and ARKB emerged as the top-performing Bitcoin ETFs of the week, with ARKB seeing inflows exceeding $100 million on both Thursday and Friday.
Meanwhile, IBIT contributed to half of the group’s weekly inflows, with its year-to-date net inflows surpassing $23 billion as of October 18, reinforcing its status as the world’s leading Bitcoin ETF.
Friday marked a key moment as Bitcoin ETFs enjoyed a full week without any negative inflows. Even Grayscale's GBTC, which had previously been known for outflows, saw a reversal, gaining over $91 million in net inflows.
