🚀 **Crypto News Flash!** 🚀
Spot Bitcoin ETFs are on fire! For the fifth day in a row, they've seen inflows, with Oct. 17 hitting $470.48M. BlackRock’s IBIT ETF led the charge, raking in $309M, marking its third consecutive day at the top. ARK Invest and 21Shares’ ARKB ETF followed with $100.2M, while Grayscale’s GBTC ETF pulled in $45.7M.
Total inflows have now crossed $20B, a milestone comparable to gold ETFs. Bitcoin’s price surged past $65K, trading at $67,839.
Meanwhile, Ethereum ETFs saw $48.41M in inflows, led by Fidelity’s FETH and BlackRock’s ETHA. Despite gains, they face a net outflow of $481.9M.
What are your thoughts? Comment below! 💬