On October 26, US spot Bitcoin ETFs recorded net inflows of $110.3 million. The entire amount was captured by BlackRock’s iShares Bitcoin Trust (IBIT). Despite these inflows, the total net outflows for the month through October 26 reached approximately $202 million.
Trading volume for the category reached $1.86 billion on October 26. While volume remains high, the disparity between trading activity and net inflows suggests that many investors are currently rebalancing their positions rather than injecting significant new capital into the funds.
BlackRock maintains a dominant position in the market. As of October 26, total assets under management for all US spot Bitcoin ETFs were approximately $102.84 billion, with IBIT accounting for $64.8 billion of that total.
Since the launch of these products in January 2024, the industry has seen cumulative net inflows of $57.29 billion. IBIT alone has recorded cumulative inflows of $66.24 billion, surpassing the total for the entire category combined.
