Key Points:
- Bitcoin Spot ETF inflows surged to $274M on October 18, continuing a six-day streak of positive net gains, highlighting strong investor interest.
- Ark Invest and BlackRock ETFs lead Bitcoin Spot ETF inflows, with $110M from ARKB and $70M from IBIT, pushing the total to $274M on October 18.
Bitcoin Spot ETF inflows hit $274M on October 18, continuing a 6-day streak. Ark Invest’s ARKB saw a $110M inflow, while BlackRock’s IBIT added $70M.
Bitcoin Spot ETF Inflows Surge with $274 Million in Net Gains
Inflows into Bitcoin spot ETFs reached $274 million on October 18, extending the run of inflows to six consecutive days. Of that amount, Ark Invest’s ARKB took in $110 million, and BlackRock’s IBIT added $70.4 million. In comparison, Ethereum spot ETFs saw a more modest inflow of $1.9 million.
These sustained inflows reflect increasing confidence by investors in Bitcoin ETFs and position large funds such as Ark Invest and BlackRock to keep driving interest in the market, according to Sosovalue.
Read more: Bitcoin Spot ETF Inflows Reach $470M Led by BlackRock ETF IBIT
Ark Invest and BlackRock Lead Bitcoin Spot ETF Inflows
On October 18, Bitcoin spot ETFs raked in $274 million in net inflows, led by Ark Invest and BlackRock. Ark Invest’s ARKB added $110 million, while BlackRock’s IBIT added $70.4 million. Ethereum ETFs managed to amass $1.9 million in inflows.
It is an inflow that suggests a growing interest in Bitcoin ETFs created and actively participated in by major financial institutions in the crypto market.
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