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On October 11, US spot <a href="https://optimisus.com/market/market-news/south-korea-virtual-asset-committee-to-discuss-the-approval-of-crypto-etfs/" rel="noopener noreferrer nofollow">Bitcoin exchange-traded funds (ETFs)</a> saw a significant turnaround with net inflows of $253.6 million, following a few days of withdrawals.According to data from Farside Investors, the Fidelity Wise Origin Bitcoin Fund led the way with an impressive $117.1 million influx, closely followed by the ARK 21Shares Bitcoin ETF, which attracted $97.6 million.The Bitwise Bitcoin ETF also had a notable day, receiving $38.8 million, its highest in over a week. Other funds like those from Invesco Galaxy and VanEck also enjoyed positive inflows, while BlackRock&#39;s iShares Bitcoin Trust and others saw no movement.Despite this positive trend for Bitcoin ETFs, the Grayscale Bitcoin Trust continued to struggle, losing $22.1 million on the same day. Overall, the recent inflows of $253.6 million more than compensated for the $140 million that had been withdrawn from Bitcoin ETFs earlier in October. This surge coincided with a 7.3% rise in Bitcoin&#39;s price, reaching a local high of $63,360.In total, BlackRock&#39;s spot Bitcoin <a href="https://optimisus.com/market/market-news/bitwises-xrp-etf-faces-roadblocks-sec-appeal-and-political-landscape/" rel="noopener noreferrer nofollow">ETFs</a> have attracted $21.7 billion, with Fidelity not far behind at $9.985 billion. Among all spot Bitcoin ETF issuers, only Bitwise and ARK 21Shares have surpassed $2 billion in net inflows.

US spot Bitcoin ETFs see over $250M inflows last week

Optimisus

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