According to Cointelegraph, as the price of Bitcoin broke through $66,000, U.S. spot Bitcoin exchange-traded funds (ETFs) ushered in the largest single-day inflow since June, reaching $556 million.
This huge inflow of funds occurred on October 14, with a total net inflow of $555.9 million for 11 Bitcoin ETFs, coinciding with the Bitcoin price breaking $66,500 for the first time in two weeks. Nate Geraci, president of ETF Store, called this day a "monster day" for spot BTC ETFs, noting that the total net inflow in the past 10 months was close to $20 billion.
Among them, the Fidelity Smart Bitcoin Origin Fund topped the list with an inflow of $239.3 million, a new high since June 4. The Bitwise Bitcoin ETF and the Blackstone iShares Bitcoin Trust attracted more than $100 million and $79.6 million in funds, respectively. The Ark 21Shares Bitcoin ETF had an inflow of nearly $70 million, while the Grayscale Bitcoin Trust achieved its first inflow in October, with an amount of $37.8 million.
Although the Ethereum Fund failed to enjoy the same popularity, Blackstone's iShares Ethereum Trust still achieved an inflow of $14.3 million, totaling $17 million. This comparison highlights the strong performance of Bitcoin ETFs in the market and its popularity among investors.
