On October 9, US spot Bitcoin ETFs recorded net inflows of $21.13 million, according to SoSoValue data. This result follows a period of decline, during which cumulative net outflows for these products reached approximately $679 million over the previous five trading days.
BlackRock’s iShares Bitcoin Trust (IBIT) was the primary driver of growth, attracting $22.38 million in inflows. Conversely, Fidelity’s FBTC saw net withdrawals of $3.58 million, while other products reported no significant changes.
Since their launch in January 2024, spot Bitcoin ETFs have accumulated roughly $57.11 billion in net inflows. Currently, the total assets under management for these funds are estimated at $105.84 billion, representing about 6.38% of Bitcoin's total market capitalization.
In contrast, spot Ethereum ETFs experienced a net outflow of $56.10 million on October 9, marking their ninth consecutive session of losses. BlackRock’s ETHA fund accounted for a significant portion of these withdrawals.
