Derived from TheMarketPeriodical, BlackRock’s Bitcoin ETF (IBIT) recorded net inflows of 6,447 BTC, valued at $791.42 million, on October 3. Total inflows into spot Bitcoin ETFs since launch have surpassed $60 billion. Ethereum ETFs also saw over $1.2 billion in inflows this week, with BlackRock’s ETHA contributing $204.75 million. Over 30 new crypto-related ETF applications were submitted to the U.S. SEC on Friday by Rex-Osprey, signaling growing institutional interest in digital assets.
BlackRock's Bitcoin ETF Sees $791M Inflows as Institutional Demand Surges
TheMarketPeriodicalShare
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