Bitcoin

Spot

BlackRock

<p><strong>Key Points</strong>:</p>  
<ul class="wp-block-list">
 <li><em>Bitcoin spot ETF inflows totaled $192M, with BlackRock’s IBIT contributing $317M.</em></li>  
 <li><em>Ethereum spot ETFs saw smaller net inflows of $1.2663M.</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>On October 23, Bitcoin Spot ETF Inflows totaled $192 million, with BlackRock’s IBIT leading the way with an impressive $317 million. Meanwhile, Ethereum spot ETFs recorded inflows of $1.2663 million.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6111559637405908766-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6111559637405908766-y-1024x576.jpg" alt="Bitcoin Spot ETF Inflows Reach $192M as BlackRock Leads" class="wp-image-288800"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<h2 class="wp-block-heading" id="strong-blackrock-etf-dominates-as-bitcoin-spot-etf-inflows-hit-192m-strong"><strong>BlackRock ETF Dominates as Bitcoin Spot ETF Inflows Hit $192M</strong></h2>  
<p>Spot Bitcoin ETFs had inflows of $192 million on October 23, with BlackRock's IBIT providing an impressive $317 million. It has been a testament to institutional confidence in the digital asset, with the continued large investments into the ETF.</p>  
<p>BlackRock's ETF dominance is proving instrumental in increasing overall inflows, indicative of a change in investor sentiment for regulated crypto investment vehicles, according to <a href="https://sosovalue.com/assets/etf" target="_blank" rel="noopener noreferrer nofollow">Sosovalue</a>.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/271610-why-is-cryptocurrency-still-not-regulated-in-vietnam/" data-type="link" data-id="https://coincu.com/271610-why-is-cryptocurrency-still-not-regulated-in-vietnam/" target="_blank" rel="noopener noreferrer nofollow">Bi</a><a href="https://coincu.com/288431-bitcoin-spot-etf-inflows-reach-294m-after-7d/" target="_blank" data-type="link" data-id="https://coincu.com/288431-bitcoin-spot-etf-inflows-reach-294m-after-7d/" rel="noopener noreferrer nofollow">tcoin Spot ETF Inflows Reach $294M After 7 Days of Gains</a></strong></p>  
<h2 class="wp-block-heading" id="strong-bitcoin-spot-etf-inflows-surge-ethereum-steady-at-1-2m-strong"><strong>Bitcoin Spot ETF Inflows Surge, Ethereum Steady at $1.2M</strong></h2>  
<p>On the same day, Ethereum spot ETFs also reported a more modest inflow of $1.2663 million. While Ethereum's performance remains positive, it lags compared to Bitcoin and highlights more conservative interest from institutional investors in the ETH-backed product.</p>  
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <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>
   </tr>
  </tbody>
 </table>
</figure>

Bitcoin Spot ETF Inflows Reach $192M as BlackRock Leads

Table of Contents

Coincu

Other articles published on Oct 24, 2024

SAFE Listed on Upbit Surges by 88%, Defying Market Trends

Binance Allows ETH Swaps for Aragon Token Holders

Here’s Why The ‘Very Negative Crowd Sentiment’ for XRP and SHIB Could Be Bullish

Korea’s FSS Addresses Interest Rate Competition on Crypto User Deposits

Bitcoin ETF Inflows Cool Off After Seven Days of Strong Gains

Solana (SOL) Price Flashes Sell Signal, Time to Exit?

Join our free newsletter for daily crypto updates!