Ethereum

Spot

<p><strong>Key Points</strong>:</p>   
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 <li><em>Bitcoin Spot ETF inflow on October 17 totaled $470M, with BlackRock contributing $309M.</em></li>   
 <li><em>Ark Invest’s ETF ARKB added $100M, supporting continued Bitcoin Spot ETF </em><span style="margin: 0px;padding: 0px"><em>inflow</em></span><em> momentum.</em></li> 
</ul>   
<h5 class="wp-block-heading"><strong>On October 17, Bitcoin spot ETF inflows hit $470M, led by BlackRock’s $309M. Ark Invest and 21Shares’ ARKB saw $100M, while Ethereum spot ETF added $48.4M.</strong></h5>   
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<h2 class="wp-block-heading" id="strong-bitcoin-spot-etf-inflows-reach-470m-led-by-blackrock-strong"><strong>Bitcoin Spot ETF Inflows Reach $470M Led by BlackRock</strong></h2>   
<p>Bitcoin Spot ETF inflow was a cumulative $470M, with BlackRock's IBIT capturing $309M. ARKB from Ark Invest saw an additional $100M net inflow, according to <a href="https://sosovalue.com/assets/etf" data-type="link" data-id="https://sosovalue.com/assets/etf" target="_blank" rel="noreferrer noopener">Sosovalue</a>.</p>   
<p>Ethereum spot ETFs gathered $48.4M the same day, reflecting strong momentum within the greater cryptocurrency ETF market. Institutional interest in both Bitcoin and Ethereum is gaining steam.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/287614-bitcoin-spot-etf-inflows-continue-for-4th-day/" target="_blank" data-type="link" data-id="https://coincu.com/287614-bitcoin-spot-etf-inflows-continue-for-4th-day/" rel="noreferrer noopener">Bitcoin Spot ETF Inflows Continue for 4th Day, Hitting $459 Million</a></strong></p>   
<h2 class="wp-block-heading" id="strong-blackrock-etf-dominates-470m-bitcoin-spot-etf-inflows-strong"><strong>BlackRock ETF Dominates $470M Bitcoin Spot ETF Inflows</strong></h2>   
<p>BlackRock's IBIT ETF had the largest inflow at $309M and extended total Bitcoin spot ETF inflows to $470M on October 17. The other two key players in the race include Ark Invest, which added $100M, and 21Shares, with $100M in inflows.</p>   
<p>Ethereum ETFs also saw positive net inflows of $48.4M. This may indicate that increasing confidence in crypto assets is drifting down to increased institutional demand for Bitcoin and Ethereum spot ETFs.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Bitcoin Spot ETF Inflows Reach $470M Led by BlackRock ETF IBIT

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