Bitcoin Spot ETF Inflows Hit $274 million in Six Days
On October 18, inflows into the Bitcoin Spot ETF reached $274 million for six consecutive days. ArkInvest's ARKB saw inflows of $110 million and BlackRock's IBIT saw inflows of $70.40 million. In contrast, the Ethereum Spot ETF saw inflows of $1.90 million.
Sosovalue said that these continued inflows reflect growing investor confidence in bitcoin ETFs and allow large funds such as ArkInvest and BlackRock to continue driving market interest.