After four straight sessions of redemptions that pulled over $1.2 billion from spot Bitcoin ETFs, US issuers saw a sharp reversal on Oct. 21, bringing in $477.2 million in new inflows. It was the first positive print since Oct. 14 and the largest single-day net gain in two weeks.
BlackRock’s IBIT led the recovery with +$210.9 million, followed by ARK Invest’s ARKB (+$162.9 million) and Fidelity’s FBTC (+$34.1 million). Smaller inflows appeared in Franklin’s EZBC (+$8.9 million) and Invesco’s BTCO (+$6.5 million), while Grayscale’s GBTC continued to leak -$13.9 million. The rebound trimmed October’s cumulative redemptions after Bitcoin saw its price tumble under macro pressures.
The turn came after a
Go to Source to See Full Article
Author: Andjela Radmilac
