According to Farside Investors data, US spot bitcoin ETFs recorded $526.7 million in net inflows on Monday, October 19, the highest since the $714.7 million single-day inflow on September 22, and reversing last Friday's $82.4 million net outflow. In the prior two weeks, these funds had posted weekly net outflows.
BlackRock's iShares Bitcoin Trust (IBIT) took in $665.2 million in a single day, more than the combined net inflow across all funds. Fidelity Wise Origin Bitcoin Fund (FBTC) saw $83.6 million in outflows and Grayscale Bitcoin Trust (GBTC) saw $54.9 million in outflows, offsetting part of the inflows, while the remaining funds had no net flows that day.
Recent trend
Last week, spot bitcoin ETFs saw about $229 million in net outflows, following $681 million in outflows the week before; single-day outflows on October 7 reached $483.9 million, the largest single-day outflow since June. According to Cointelegraph's tally of Farside daily data, even after including Monday's inflows, October still shows about $88 million in cumulative net outflows.
On the ether side, US spot ether ETFs saw $103.3 million in net outflows on Monday, including $95.4 million in outflows from BlackRock's iShares Ethereum Trust (ETHA). Ether funds saw about $320 million in net outflows last week, marking a third consecutive week of net outflows.