More than half a billion dollars flowed into spot Bitcoin exchange-traded funds (ETFs) in the US on October 14, marking the largest one-day inflow in over four months. According to data from Farside Investors, the 11 ETFs experienced aggregate net inflows of $555.9 million, coinciding with Bitcoin hitting a two-week high of $66,500.
ETF Store President Nate Geraci described it as a “monster day” for spot Bitcoin ETFs, noting that total net inflows have now approached $20 billion over the past 10 months. He emphasized that the surge reflects growing interest from advisers and institutional investors rather than just retail traders. “This is NOT ‘degen retail,’” he stated in an October 15 post on X.
Source: CoinGlass
Leading the inflows was the Fidelity Wise Bitcoin Origin Fund (FBTC), which attracted $239.3 million, its highest since June 4. The Bitwise Bitcoin ETF (BITB) received just over $100 million, while BlackRock’s iShares Bitcoin Trust (IBIT) saw inflows of $79.6 million. The Ark 21Shares Bitcoin ETF (ARKB) added nearly $70 million, and the Grayscale Bitcoin Trust (GBTC) recorded its first inflow for October at $37.8 million, its highest since early May.
Source: Eric Balchunas
Bloomberg senior ETF analyst Eric Balchunas noted in an October 14 post that since the launch of Bitcoin ETFs in January, the asset has reached an all-time high five times, in contrast to gold ETFs, which have seen only $1.4 billion in net inflows this year despite gold hitting record highs 30 times.
In contrast, Ethereum funds have not enjoyed the same momentum, with Bitwise, VanEck, Franklin, and Grayscale experiencing zero net flows. However, the BlackRock iShares Ethereum Trust (ETHA) reported an inflow of $14.3 million, bringing its total to $17 million.
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