US Spot Bitcoin ETFs Attract $556M in Record Daily Inflows
On October 14, US spot Bitcoin ETFs saw their largest daily inflows in over four months, with $556 million pouring in as Bitcoin surged to $66,500. The inflows, the biggest since early June, brought total net inflows for these funds close to $20 billion over the past 10 months, according to data from Farside Investors.
Fidelity’s Wise Bitcoin Origin Fund (FBTC) led the pack, with an impressive $239.3 million in inflows. Bitwise’s Bitcoin ETF (BITB) followed with just over $100 million, while BlackRock’s iShares Bitcoin Trust (IBIT) saw $79.6 million. Other major funds, including Ark 21Shares Bitcoin ETF (ARKB) and Grayscale Bitcoin Trust (GBTC), also recorded substantial inflows.
The surge underscores growing interest from institutional investors, with ETF Store President Nate Geraci calling it a “monster day” for Bitcoin ETFs. Despite Bitcoin’s success, Ethereum ETFs did not experience similar momentum, with only minor inflows reported.