Bitcoin spot ETFs extend inflow streak to three days with $137.33M

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $137.33 million in net inflows on October 28, extending their positive-flow streak to three consecutive trading sessions. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for nearly all the new capital, while Bitwise’s Bitcoin ETF (BITB) recorded a smaller inflow.

According to SoSoValue data reported on October 29, the funds attracted $137.33 million in net inflows during Wednesday’s U.S. trading session. The latest result followed $175.99 million in inflows on October 27 and approximately $110.34 million on October 26.

The latest session brings the three-day inflow total to approximately $423.66 million. However, the daily inflow declined from the previous session, showing that positive flows have continued even as the pace of capital entering the funds fluctuated.

BlackRock’s IBIT leads Bitcoin ETF inflows

BlackRock’s IBIT recorded the largest net inflow on October 28, attracting $136.01 million. The fund’s cumulative historical net inflows reached $66.53 billion, according to the reported figures.

Bitwise’s BITB ranked second, recording $1.32 million in daily net inflows. Its cumulative historical net inflows stood at $2.03 billion.