Brief
US Spot Bitcoin ETFs Pull in $528M as BTC Slides Below $85K
Spot Bitcoin ETFs drew $528 million on Wednesday, extending a three‑day inflow streak as Bitcoin retreated from $84.7K.
By Felo News Desk · Published
US spot Bitcoin exchange‑traded funds (ETFs) attracted $528 million in net inflows on Wednesday, according to Cointelegraph, while Bitcoin briefly rose above $84,700 before pulling back to $82,485.
The inflow streak now spans three trading sessions, with $23 million added on Tuesday and $526.6 million on Monday, based on SoSoValue data. Combined, the three days brought $1.08 billion into US spot Bitcoin ETFs, lifting October’s net inflows to roughly $461 million and year‑to‑date totals to $1.34 billion.
BlackRock’s iShares Bitcoin Trust led Wednesday’s inflows with $235 million, followed by Fidelity’s Wise Origin Bitcoin Fund with about $213 million, per Farside Investors data. The latest inflows follow two weeks of withdrawals that saw $228 million and $681 million exit the funds.
Altcoin ETFs also recorded modest inflows, with Ether ETFs gaining $15 million, Solana ETFs about $585,000, and XRP ETFs roughly $709,000.
Key facts
- US spot Bitcoin ETFs attracted $528 million in net inflows on Wednesday (cointelegraph.com)
- Bitcoin peaked at $84,777 before falling to $82,485 (cointelegraph.com)
- Three‑day inflow total reached $1.08 billion (cointelegraph.com)
- BlackRock’s iShares Bitcoin Trust added $235 million, Fidelity’s fund added $213 million (cointelegraph.com)
- Altcoin ETFs saw modest inflows, including $15 million for Ether (cointelegraph.com)
Sources
- [1] cointelegraph.com — originally reported as “Bitcoin ETFs Reel in $528M as BTC Retreats from $84.7K”
